MANAGING CPF MONEY FOR YOUR RETIREMENT

MANAGING CPF MONEY FOR YOUR RETIREMENT (WORKSHOP)

OBJECTIVES

Understand the purpose of your CPF accounts and the changes that take place to these accounts when you reach age 55. Learn about your Retirement Sum options. Understand what CPF LIFE is, how it works and considerations when selecting your CPF LIFE plan.

COURSE OUTLINE

  • Overview of Ordinary Account, Special Account, Medisave Account and Retirement Account and their purposes
  • The changes to your CPF Accounts when you are 55 years old.
  • What is the Retirement Sum to set aside at 55 and what is property pledge?
  • What happens when you sell your property and investments under CPFIS?
  • What is CPF LIFE and how it works?

WHO WILL BENEFIT?

Those who are aged 50 and above and want to understand the changes in the CPF Retirement sums and new initiatives to help meet their retirement needs.

Recommended Duration: 3 Hours


MANAGING CPF MONEY FOR YOUR RETIREMENT (TALK)

OBJECTIVES

Understand the purpose of your CPF accounts and the changes that take place to these accounts when you reach age 55. Learn about your Retirement Sum options. Understand what CPF LIFE is, how it works and considerations when selecting your CPF LIFE plans.

COURSE OUTLINE

  • Overview of Ordinary Account, Special Account, Medisave Account and Retirement Account and their purposes
  • The changes to your CPF Accounts when you are 55 years old
  • What is Retirement Sum and what happens when there is a shortfall?
  • What happens when you sell your property and investments under CPFIS?
  • What is CPF LIFE and how it works?

Duration: 1 Hours


Who Should Attend?
Those who are aged 50 and above and want to understand the Retirement Sum scheme and CPF LIFE.