CPF LIFE Payout Estimator
Estimate your monthly CPF LIFE payout from the savings you set aside in your Retirement Account at 55. Compare the Standard, Basic and Escalating plans and see how deferring your start age raises your income.
Defaults to the Full Retirement Sum ($213,000). BRS is $106,500, ERS is $426,000.
Default plan — a level, fixed payout for life.
Payouts can start any time from 65 to 70. Each year of deferral raises payouts by about 7%.
Estimated monthly payout
$1,610 – $1,730
Standard plan, payouts from age 65.
Low estimate
$1,610
High estimate
$1,730
Deferral uplift
None
starting at 65
| Plan | Starting monthly payout | Notes |
|---|---|---|
| Standard | $1,610 – $1,730 | Level for life |
| Basic | $1,449 – $1,557 | Lower, larger bequest |
| Escalating | $1,288 – $1,384 | Grows 2%/yr |
Estimates only. Standard-plan figures are interpolated from CPF's published payout examples; Basic and Escalating figures and the deferral uplift are simplified approximations. Your actual payout depends on your full CPF balances, prevailing interest rates and CPF LIFE premiums — the official CPF LIFE Estimator is authoritative.
How CPF LIFE turns your Retirement Account into lifelong income
When you turn 55, your CPF Special and Ordinary Account savings move into a Retirement Account up to your chosen retirement sum. From age 65 (or later, up to 70), CPF LIFE converts those savings into a monthly payout that lasts for the rest of your life — so you never outlive your retirement income.
The more you set aside at 55 — the Basic, Full or Enhanced Retirement Sum — the higher your payout. Setting aside the Full Retirement Sum of $213,000 produces an estimated $1,610–$1,730 a month from 65 under the Standard plan.
Choosing a plan and a start age
The Standard plan suits most people who want a steady, level income. The Escalating plan trades a lower starting payout for 2% annual growth, useful if you are worried about inflation over a long retirement. The Basic plan leaves more for your beneficiaries. Deferring your start age past 65 also boosts your payout by about 7% for each year you wait. For the definitive figure based on your full CPF balances, use the official CPF LIFE Estimator.
Frequently asked questions
What is CPF LIFE?
CPF LIFE (Lifelong Income For the Elderly) is Singapore’s national annuity scheme. The savings in your Retirement Account at 55 are used to buy an annuity that pays you a monthly income for as long as you live, starting any time between age 65 and 70.
How are the payout estimates calculated here?
For the Standard plan we interpolate between CPF’s published payout examples — for instance, the Full Retirement Sum of $213,000 set aside at 55 produces about $1,610–$1,730 a month from age 65. The Basic plan is approximated as roughly 10% lower, and the Escalating plan starts about 20% lower then grows 2% a year. These are simplified estimates, not the official CPF figures.
What is the difference between the Standard, Basic and Escalating plans?
Standard (the default) pays a level amount for life. Basic pays a lower monthly amount and leaves a larger bequest early on. Escalating starts lower but increases payouts by 2% every year to help offset inflation.
Does delaying my payout increase it?
Yes. You can start CPF LIFE payouts any time from 65 to 70. Each year you defer raises your monthly payout by roughly 7%, so deferring to 70 can lift it by around 35%.