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Use CPF Life to pay for important retirement expenses
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Many people do not realise that CPF LIfe can allow them to have a decent monthly income to pay for most retirement expenses, even when times are bad.
PHOTO: ST FILE
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SINGAPORE – It is critical to have monthly income in retirement, such as through CPF Life, so you can meet your expenses without having to rely on family members.
People hitting 55 from 2025 can save the maximum amount of $426,000 for the enhanced retirement sum of CPF Life and receive about $3,300 a month from age 65.
