If mortgage is fully-paid up?

[lpkoh5]

And no intention to move house, will you transfer from OA to SA?

[hkh]

Why not invest it ?

[lpkoh5]

Originally Posted by hkh

Why not invest it ?

Risk factor....not confident of beating 4%...n also the hassle of monitoring the market.

[hkh]

But money once go into special account can't be transferred back right ?

[Guppies Onli]

Yr current age? Also how much u alr have in your SA. Now the RA sum is $166, each yr I think increase by $5k.

[mictok]

Originally Posted by lpkoh5

And no intention to move house, will you transfer from OA to SA?

Safest move juz kana lock up until probably age 70 by then.

[Ong88]

If no more dependents to support, take out whole CPF after getting citizenship elsewhere.

[Jon409]

Originally Posted by mictok

Safest move juz kana lock up until probably age 70 by then.

thought 62 yrs or 65 can take payout liao? changed?
siao liao..cannot retire liao

[globalcookie]

Withdrawals of CPF savings from 55
When can I withdraw my CPF savings?

Upon turning 55 years old, members can withdraw their CPF savings, after setting aside their Full Retirement Sum or Basic Retirement Sum with sufficient CPF property charge/pledge in their Retirement Account.

Members who turned 55 from 2013 (i.e. born in 1958 or after) also have the option to withdraw a lump sum of up to 20% of the savings in their Retirement Account from their payout eligibility age (includes the first $5,000 that can be withdrawn at 55).

https://www.cpf.gov.sg/Members/Schem...avings-from-55


The following Full Retirement Sum applies to members who turned 55 from 1 July 2003 to 2017:

55th birthday on or after Full Retirement Sum
1 July 2003 $80,000
1 July 2004 $84,500
1 July 2005 $90,000
1 July 2006 $94,600
1 July 2007 $99,600
1 July 2008 $106,000
1 July 2009 $117,000
1 July 2010 $123,000
1 July 2011 $131,​000
1 July 2012 $139,000
1 July 2013 $148,000
1 July 2014 $155,000
1 July 2015 $161,000
1 January 2017 $166,000

Currently, you can choose from two levels of retirement sum to set aside in your Retirement Account – Basic or Full Retirement Sum. Since January 2016, you have one more option to choose from – Enhanced Retirement Sum. Please click on Retirement Payouts (PDF, 0.2MB) to view the range of payout options and corresponding retirement sum to be set aside for a member turning 55 in 2017.

To help you plan early for retirement, the Basic Retirement Sum will be made known to you ahead of time. For each successive cohort of members turning 55, the payouts need to be higher to account for long-term inflation and rising standard of living. Correspondingly, the Basic Retirement Sum to be set aside has to increase.

Basic Retirement Sum​
Age 55 in 2016 $80,500​
Age 55 in 2017 ​ $83,000
Age 55 in 2018 $85,500​
Age 55 in 2019 $88,000
​Age 55 in 2020 ​$90,500

(from this table on BRS, seems to suggest, it will be raise beyond $181k for those not reaching 55yrs old by 2020.

https://www.cpf.gov.sg/Members/Schem...ent-sum-scheme


How much payout from your RA you will receive upon reaching 65yrs old
https://www.cpf.gov.sg/Assets/member...entPayouts.pdf