CPF Withdrawal Calculator: How Much Can I Withdraw at 55 and 65?

At 55 CPF creates your Retirement Account (RA). Since the Special Account closure (19 January 2025 for members already 55, and on the 55th birthday for everyone else), your SA savings move to the RA first, then OA savings, up to the Full Retirement Sum (FRS). Any SA savings above the FRS move to your OA, where they earn 2.5% instead of 4% and can be withdrawn.

For members born in 1958 or later, CPF Board's rules are: you can withdraw up to S$5,000 from 55 unconditionally; once you have set aside your FRS you can withdraw everything above it, as often as you like; and if you own a property whose remaining lease lasts to at least age 95 and pledge it, you only need to keep the Basic Retirement Sum (BRS) and can withdraw the rest. For members turning 55 in 2026 the FRS is S$220,400 and the BRS S$110,200; for 2027 they are S$228,200 and S$114,100.

From 65, the payout eligibility age, CPF LIFE monthly payouts can start (any time up to 70, when they start automatically). Members born in 1958 or later can also withdraw 20% of their RA savings, excluding cash top-ups, CPF transfers and government grants, less the S$5,000 they could take at 55. CPF Board's own example: an RA of S$220,000, of which S$20,000 is top-ups, allows 20% of S$200,000 less S$5,000, or S$35,000.

The payout estimate reads CPF Board's published CPF LIFE Standard Plan figures for a male member turning 55 in 2026 (S$950 a month for the BRS, S$1,780 for the FRS, S$3,440 for the ERS) at the amount you keep in your RA. The RA at 65 is grown at 4% a year unless you enter it; real balances also earn extra interest. Check your own figures on CPF's Retirement dashboard.