The Full Retirement Sum (FRS) (OA + SA = RA) required when one turns 55 at that year for additional withdrawal.
I made a projection based on the different inflation rate (1-5%) to arrive at the minimum sum required by the time we reached 55 years old (2045). The projection will be adjusted whenever the CPF board announces the new retirement sum.
According to my projection, the FRS required for people around our age ranges from $238,000 to $592,000!
Current Status
KPO: 56.22%
CZM: 67.12%
I made a projection based on the different inflation rate (1-5%) to arrive at the minimum sum required by the time we reached 55 years old (2045). The projection will be adjusted whenever the CPF board announces the new retirement sum.
According to my projection, the FRS required for people around our age ranges from $238,000 to $592,000!
Current Status
KPO: 56.22%
CZM: 67.12%
Last Updated: 30th Aug 2020
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