CPF at 55 — Withdrawal Planner
Project your CPF balances to 55, see how much transfers to your Retirement Account, and estimate your CPF LIFE monthly payout.
Projections use official CPF contribution rates and 2.5% OA / 4% SA interest. SA closes when you turn 55; savings transfer to RA. Last verified 2026-04-24.
At 55: can withdraw
S$0
RA after transfer: S$500,396 (Below BRS) · projected in 15 years
BRS 2026
S$1,224,600
FRS 2026
S$2,449,300
ERS 2026
S$4,898,500
CPF LIFE est. monthly payout
S$330–S$360
Standard plan, from age 65
Projected CPF growth
Disclaimer
This calculator provides estimates and should not be viewed as a prediction. Actual CPF contributions, allocations, and payouts may vary due to policy changes, individual circumstances, and rounding rules. It is not intended to be your sole source of financial guidance.
Rates last verified: 24 Apr 2026.
Verify with CPF Board (https://www.cpf.gov.sg). Full disclaimer at smartcalculator.sg/disclaimer.
Who This Calculator Is For
Singaporeans Turning 55
At 55, CPF SA and OA balances move to RA up to FRS. Any amount above FRS can be withdrawn in cash.
- SA closure: Effective January 2025 at age 55
- RA creation: SA first, then OA to fill gap to FRS
- Cash withdrawal: Only OA/SA above FRS (or BRS)
Those with Property Pledge
If you pledge your property (HDB or private), you only need to set aside BRS ($110,200) instead of FRS ($220,400) in your RA.
- BRS (2026): $110,200 with property pledge
- FRS (2026): $220,400 without pledge
- Benefit: More cash available at 55
Members with High OA Balances
OA used for housing has a 2.5% p.a. accrued interest obligation. This reduces the net OA withdrawal amount.
- Accrued interest: 2.5% p.a. on CPF used for housing
- Obligation: Must be refunded to CPF on property sale
- Impact: Reduces net OA available at 55
PRs and Returning Singaporeans
PRs and citizens emigrating permanently can withdraw all CPF after closing their account, subject to applicable taxes in destination country.
- PR emigrating: Full CPF withdrawal on account closure
- Returning SC: Standard CPF rules apply
- Note: Verify tax obligations in destination country
What happens at 55?
- • SA closes — from Jan 2025, SA is closed at 55. Savings transfer to RA up to FRS; excess above FRS moves to OA.
- • RA is created — funded from SA first, then OA to reach FRS (or BRS if pledging property).
- • Lump sum withdrawal — OA and SA above the Required Sum (BRS or FRS) can be taken as cash.
- • CPF LIFE enrolment — at 65, your RA funds a lifelong monthly annuity. You choose Standard, Basic or Escalating plan.
- • Deferral bonus — each year you delay CPF LIFE start (up to age 70) adds ~7% to the monthly payout.
Withdrawing at 55: With vs Without Property Pledge
A property pledge lets you reduce the amount locked in your RA, freeing up more for a lump-sum cash withdrawal at 55.
| Scenario | Must Set Aside in RA | Cash Withdrawal Available |
|---|---|---|
| No property pledge | FRS ($220,400) | OA + SA above FRS |
| Pledge HDB property | BRS ($110,200) | OA + SA above BRS |
| Pledge private property | BRS ($110,200) | OA + SA above BRS |
| Balances below BRS | Entire balance stays in RA | $0 available to withdraw |
BRS and FRS figures shown are for the 2026 cohort. Property pledge requires the property to have sufficient remaining lease. Verify eligibility with CPF Board.
Frequently asked
How much can I withdraw from CPF at 55?expand_more
You can withdraw CPF savings above the Required Sum. If you own a property and pledge it, the Required Sum is the Basic Retirement Sum (BRS — S$110,200 for the 2026 cohort). Without a property pledge, it's the Full Retirement Sum (FRS — S$220,400). Any OA and SA balance above that threshold can be withdrawn as a lump sum.
What happens to my CPF Special Account when I turn 55?expand_more
From January 2025, the Special Account is closed when you turn 55. Your SA savings are transferred to your Retirement Account (RA) up to the Full Retirement Sum. Any SA balance above the FRS is moved to your Ordinary Account (not paid out — it stays in CPF). The old "SA shielding" strategy (investing SA before 55 to keep it out of RA) is no longer available for members who haven't yet turned 55.
What is the CPF Retirement Account (RA)?expand_more
The RA is created when you turn 55. It is funded by transfers from your SA (up to FRS) and OA (to fill any remaining gap). The RA earns 4% per year. At 65, it is used to fund your CPF LIFE annuity, which pays a monthly sum for life. You cannot make ad-hoc withdrawals from the RA after the initial withdrawal at 55.
What are BRS, FRS and ERS in 2026?expand_more
For the 2026 cohort (turning 55 in 2026): BRS = S$110,200, FRS = S$220,400, ERS = S$440,800. BRS lets you receive CPF LIFE Standard Plan payouts of ~S$850–S$950/month. FRS pays ~S$1,620–S$1,780/month. ERS pays ~S$3,100–S$3,440/month. The sums increase roughly 3.5% per year for future cohorts.
How much will my CPF LIFE pay per month?expand_more
Payouts depend on your RA balance at 65 and the plan you choose (Standard, Basic, or Escalating). The Standard Plan for a 2026-cohort member with the FRS pays approximately S$1,620–S$1,780/month from age 65. Deferring start age to 67 or 70 increases payouts by roughly 7% per year deferred (up to age 70 maximum). Exact figures depend on how much interest your RA earns between 55 and 65.
Sources
- CPF Board — What happens to CPF at 55
- CPF Board — Retirement sums (BRS/FRS/ERS)
- CPF Board — CPF LIFE
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