CPF at 65 Calculator (2026)
Compare CPF LIFE plans, see how deferral boosts payouts, and estimate your monthly income.
What is the CPF at 65 Calculator?
The CPF at 65 Calculator helps you compare the three CPF LIFE plan options and see how deferring your payout start age affects your monthly income. It estimates payouts for the Standard, Basic, and Escalating plans based on your Retirement Account balance at age 65.
See your CPF LIFE payout options at age 65
Quick Reference
- • CPF LIFE payouts begin at age 65 (default enrolment in Standard Plan)
- • Deferring to age 70 increases payouts by approximately 35% total
- • Escalating Plan payouts grow by 2% each year to offset inflation
- • Plan switching is limited once payouts have started
CPF LIFE Plans at 65
At age 65, you choose a CPF LIFE plan that determines how your Retirement Account savings are converted into lifelong monthly payouts. The three plans cater to different retirement needs and priorities.
You can also defer your payout start age up to 70. Each year of deferral increases your monthly payout by approximately 7% per year, as your RA continues earning interest. Deferring from 65 to 70 can boost payouts by roughly 35%.
If you do not actively choose a plan, CPF will automatically enrol you in the Standard Plan at 65. Compare all three plans carefully before your payout start date, as switching is limited once payouts begin.
Standard Plan
Highest fixed monthly payout, lower bequest
Best for maximising monthly income
Basic Plan
Lower monthly payout, larger bequest for family
Best for leaving more to beneficiaries
Escalating Plan
Starts lower, increases 2% each year
Best for keeping up with inflation
Frequently Asked Questions
What happens to my CPF when I turn 65?expand_more
At age 65, you become eligible to start receiving monthly payouts from CPF LIFE (if your RA balance is $60,000 or more) or the Retirement Sum Scheme. You will need to choose a CPF LIFE plan — Standard, Basic, or Escalating — that determines how your monthly payouts are structured.
What are the three CPF LIFE plan choices?expand_more
The Standard Plan provides the highest fixed monthly payout with a lower bequest. The Basic Plan provides a lower monthly payout but leaves a larger bequest for your beneficiaries. The Escalating Plan starts with a lower payout that increases by 2% each year to keep up with inflation.
Can I defer my CPF LIFE payouts past 65?expand_more
Yes. You can defer your payout start age up to age 70. For each year you defer, your monthly payouts increase by approximately 7% (due to continued interest earned on your RA balance). Deferring from 65 to 70 can increase your monthly payout by about 35%.
What happens if I don’t choose a CPF LIFE plan?expand_more
If you do not make a choice by age 65, CPF will automatically enrol you in the Standard Plan and payouts will start. You can still switch plans within a limited window after enrolment. It is advisable to actively compare plans before turning 65.
Can I switch CPF LIFE plans after I start receiving payouts?expand_more
You can switch plans before your first payout is disbursed. Once payouts have started under a chosen plan, switching is generally not allowed. This is why it is important to compare the three plans carefully and choose the one that best fits your retirement needs before payouts begin.
Sources
- • CPF Board (cpf.gov.sg) — CPF LIFE plan comparison, payout eligibility age, and deferral benefits
- • CPF Board — Escalating Plan 2% annual increase and plan switching policies