Central Provident Fund
CPF account growth from age 25 to 83 (58 years). Contributions stop at age 55. SA converts to RA at age 55. OA 2.5% · SA 4% · MA 4% · RA 4%
FRS target at 55i
$618,617
Deficit $238,836 ← OA
CPF LIFE premium at 65
$570,587
RA balance used to buy annuity
Annual CPF LIFE payout
$47,664
$3,972/mo · fixed for life
Account composition over time
Age 25–83SA → RA conversion at age 55
Special Account is transferred to Retirement Account to meet the FRS target (current $220,400 inflated at 3.50%/yr). Any surplus returns to OA; any deficit is drawn from OA. The remaining OA balance is then transferred in full to your investment account.
FRS target
$618,617
SA at conversion
$379,781
Deficit ← OA
$-238,836
Annual projection
i| Age | Total Balance | ||||||
|---|---|---|---|---|---|---|---|
| 26 | $70,000 | $25,900 | — | $16,102 | $4,198 | $5,600 | $40,528 |
| 27 | $71,400 | $26,418 | — | $16,424 | $4,282 | $5,712 | $69,035 |
| 28 | $72,828 | $26,946 | $50,000 | $16,753 | $4,368 | $5,826 | $48,967 |
| 29 | $74,285 | $27,485 | — | $17,088 | $4,455 | $5,942 | $79,128 |
| 30 | $75,770 | $28,035 | — | $17,429 | $4,544 | $6,061 | $110,796 |
| 31 | $77,286 | $28,596 | — | $17,778 | $4,635 | $6,182 | $144,031 |
| 32 | $78,831 | $29,168 | $84,161 | $18,134 | $4,728 | $6,306 | $94,734 |
| 33 | $80,408 | $29,751 | $18,959 | $18,496 | $4,823 | $6,432 | $110,228 |
| 34 | $82,016 | $30,346 | $19,338 | $18,866 | $4,919 | $6,561 | $126,577 |
| 35 | $83,656 | $30,953 | $19,725 | $19,243 | $5,017 | $6,692 | $143,817 |
| 36 | $85,330 | $31,572 | $20,119 | $19,628 | $5,118 | $6,826 | $161,992 |
| 37 | $87,036 | $32,203 | $18,739 | $18,282 | $6,090 | $7,832 | $182,950 |
| 38 | $88,777 | $32,847 | $19,114 | $18,648 | $6,211 | $7,989 | $205,036 |
| 39 | $90,552 | $33,504 | $19,496 | $19,020 | $6,336 | $8,148 | $228,300 |
| 40 | $92,364 | $34,174 | $19,886 | $19,401 | $6,462 | $8,311 | $252,797 |
| 41 | $94,211 | $34,858 | $20,284 | $19,789 | $6,592 | $8,477 | $278,581 |
| 42 | $96,095 | $35,555 | $20,415 | $20,185 | $6,723 | $8,647 | $305,983 |
| 43 | $98,017 | $36,266 | $20,415 | $20,588 | $6,858 | $8,820 | $335,212 |
| 44 | $99,977 | $36,992 | $20,415 | $21,000 | $6,995 | $8,996 | $366,347 |
| 45 | $101,977 | $37,731 | $20,415 | $21,420 | $7,135 | $9,176 | $399,473 |
| 46 | $104,016 | $38,486 | $20,415 | $21,849 | $7,278 | $9,360 | $434,679 |
| 47 | $106,097 | $39,256 | $20,415 | $20,162 | $8,487 | $10,607 | $472,088 |
| 48 | $108,219 | $40,041 | $20,415 | $20,565 | $8,657 | $10,819 | $511,798 |
| 49 | $110,383 | $40,842 | $20,415 | $20,976 | $8,830 | $11,035 | $553,911 |
| 50 | $112,591 | $41,659 | $20,415 | $21,396 | $9,007 | $11,256 | $598,533 |
| 51 | $114,842 | $42,492 | $20,415 | $21,824 | $9,187 | $11,481 | $645,774 |
| 52 | $117,139 | $43,342 | $20,415 | $17,575 | $13,471 | $12,296 | $695,818 |
| 53 | $119,482 | $44,208 | $20,415 | $17,926 | $13,740 | $12,542 | $748,793 |
| 54 | $121,872 | $45,093 | $20,415 | $18,285 | $14,015 | $12,793 | $804,827 |
| 55SA→RA | $124,309 | $45,994 | $20,415 | $18,651 | $14,295 | $13,049 | $864,057 |
| 56 | $0 | $0 | — | $0 | $0 | $0 | $898,619 |
| 57OA→Brok | $0 | $0 | — | $0 | $0 | $0 | $934,564 |
| 58 | $0 | $0 | — | $0 | $0 | $0 | $971,947 |
| 59 | $0 | $0 | — | $0 | $0 | $0 | $1,010,825 |
| 60 | $0 | $0 | — | $0 | $0 | $0 | $1,051,258 |
| 61 | $0 | $0 | — | $0 | $0 | $0 | $1,093,308 |
| 62 | $0 | $0 | — | $0 | $0 | $0 | $1,137,040 |
| 63 | $0 | $0 | — | $0 | $0 | $0 | $1,182,522 |
| 64 | $0 | $0 | — | $0 | $0 | $0 | $1,229,823 |
| 65CPF LIFE | $0 | $0 | — | $0 | $0 | $0 | $708,428 |
| 66 | $0 | $0 | — | $0 | $0 | $0 | $736,766 |
| 67 | $0 | $0 | — | $0 | $0 | $0 | $766,236 |
| 68 | $0 | $0 | — | $0 | $0 | $0 | $796,886 |
| 69 | $0 | $0 | — | $0 | $0 | $0 | $828,761 |
| 70 | $0 | $0 | — | $0 | $0 | $0 | $861,912 |
| 71 | $0 | $0 | — | $0 | $0 | $0 | $896,388 |
| 72 | $0 | $0 | — | $0 | $0 | $0 | $932,244 |
| 73 | $0 | $0 | — | $0 | $0 | $0 | $969,533 |
| 74 | $0 | $0 | — | $0 | $0 | $0 | $1,008,315 |
| 75 | $0 | $0 | — | $0 | $0 | $0 | $1,048,647 |
| 76 | $0 | $0 | — | $0 | $0 | $0 | $1,090,593 |
| 77 | $0 | $0 | — | $0 | $0 | $0 | $1,134,217 |
| 78 | $0 | $0 | — | $0 | $0 | $0 | $1,179,585 |
| 79 | $0 | $0 | — | $0 | $0 | $0 | $1,226,769 |
| 80 | $0 | $0 | — | $0 | $0 | $0 | $1,275,840 |
| 81 | $0 | $0 | — | $0 | $0 | $0 | $1,326,873 |
| 82 | $0 | $0 | — | $0 | $0 | $0 | $1,379,948 |
| 83 | $0 | $0 | — | $0 | $0 | $0 | $1,435,146 |