- Joined
- Aug 6, 2008
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- 113
Sinkies can correct that easily.I'd never believe in this CPF Life thing. They have already pre-calculated and made sure that the monthly payouts from your RA will only be fully depleted between the 12 and 14 years from the day you start taking your payouts. So, if you start the payout at 65 years old (I don't even want to consider to start at 70), how many can possibly live beyond 77 or more? I'd consider anything beyond 75 years old is already a bonus.
Furthermore, once you start the payouts, no more annual interests will be earned for your balance funds in your RA. That's cheating.
Vote Them Out and get the new government to make the necessary changes.