# CPF Withdrawal Calculator

Estimate Future Value ( Basic / Full / Enhance Retirement Sum) taking inflation into consideration

• (1)I developed this CPF Withdrawal Calculator , motivated by curiosity to know what is the "Full Retirement Sum when i reach age 55 .This Calculator was developed base on the Latest information Update 2019 on CPF Main Website"
• (2)By Using this Calculator you are to agree that the Web master of this page will not be liable or responsible for any damage cause by inaccuracy and incomplete information
• (3)As CPF Policy frequently change, for new and better updated Information , please refer CPF main Web Page https://www.cpf.gov.sg/
• (4)This Calculator does not take property pledge into consideration when computing calculation
• (5)This Calculator computes future CPF withdrawal prediction base on your inputed Average (Inflation% ,Salary Growth% , Ordinary & SA Account Interest rate % ), it does not reflect any CPF official Policy
• (6)Calculation of Average Interest ( example: . Year 1 : 2.5% Year 2: 3% Year 3 : 3.5%) -> (2.5+ 3+3.5)divide by 3
• (7)The Calculator are only applicable for Singaporean / PR 3rd Year Onwards . age below or equal 55.
• (8)Lastly have fun, and don't take it seriously.No one can predict the future

### CPF WITHDRAWAL PAYOUT

Base On Your Input Average Future( Inflation rate / Annual Salary Growth / OA & SA Interest Rate )

Total Ordinary Account SUM (Age 55) + Total Special Account SUM (Age 55) - Full Retirement Sum

S\$

## CPF Withdrawal Calculator

Note :Is still 2019 , roughly input estimate Accumulated amount when 2020

Note :Is still 2019 , roughly input estimate Accumulated amount when 2020

An Idea : 2019 OA Interest Rate is at 2.5% ,

An Idea : 2019 SA Interest Rate is at 4.0%

Estimate Future Value ( Salary Growth / Ordinary & Special Account Amount Accumulation with Interest Compounded )

Updated  August 2019

## What Happen when you Reach 55

(1) When you reach 55 ,RA Account will be created for  you by CPF
(2) CPF Members can Withdraw their CPF Savings after setting aside their Full Retirement Sum or Basic Retirement Sum with Property Pledge into RA Account.

Scenario 1 : OA + SA savings less than S\$5000 ,

Withdrawal Amount : Member can withdraw all saving amount in OA and SA.

Scenario 2 : OA +SA total Amount between 5000 to Full Retirement Sum. with no property ownership

Withdrawal Amount : S\$5000

Scenario 3: OA + SA total Amount between 5000 to Full Retirement Sum .with Property Pledge (Fully paid  Property)to meet Full Retirement Sum

Plan Choose to Set Aside in RA : Basic Retirement Sum in RA.

Action Needed : Pledge Property

Withdrawal Amount :S\$5000

Note: The Remaining Lease of your Property must last you until age 95.

Scenario 4: OA + SA Saving more than Full Retirement Sum.( without Property Ownership)

Plan Choose to Set Aside in RA : Full Retirement Sum in RA.

Action Needed: Nil

Withdrawal Amount : (OA + SA total) -( Full Retirement Sum.)

Scenario 5: OA + SA Saving more than Full Retirement Sum. with Property Pledge (Fully paid  Property)to meet Full Retirement Sum

Plan Choose to Set Aside in RA : Basic Retirement Sum in RA.

Action Needed : Pledge Property

Withdrawal Amount :( (OA + SA total) -Full Retirement Sum) + (Full Retirement Sum – Basic Retirement Sum)

Check out CPF Calculator Here