Destination Page

Intent Landing Page

App Route

<p>Your CPF Retirement Account will be created for you when you turn 55. At this point, the savings in your CPF Special Account followed by the Ordinary Account will be transferred to the Retirement Account to meet your <a rel="noopener noreferrer" href="https://www.cpf.gov.sg/service/article/what-are-the-basic-retirement-sum-full-retirement-sum-and-enhanced-retirement-sum-applicable-to-me" target="_blank" title="Full Retirement Sum">Full Retirement Sum</a>.</p>

CPF Retirement Account

<p>The retirement sum you set aside in your Retirement Account will provide you with <a rel="noopener noreferrer" href="https://safe.menlosecurity.com/https:/www.cpf.gov.sg/member/retirement-income/monthly-payouts/cpf-life" target="_blank" title="CPF LIFE">CPF LIFE</a> monthly payouts for your daily expenses in retirement from 65, no matter how long your live. </p>

Your CPF Retirement Sum

<h3>Using Your Ordinary Account</h3>
<p>If you continue working after 55, you can still use the monthly contribution that goes into your Ordinary Account to service your housing loan. This means that even if you have not met the <a rel="noopener noreferrer" href="https://www.cpf.gov.sg/service/article/what-are-the-basic-retirement-sum-full-retirement-sum-and-enhanced-retirement-sum-applicable-to-me" target="_blank" title="Full Retirement Sum">Full Retirement Sum</a> upon reaching 55, you can still use your Ordinary Account contributions for your housing loan repayments.</p>
<p>Consider keeping some savings to earn attractive CPF interest rates and use them to boost your <a rel="noopener noreferrer" href="https://www.cpf.gov.sg/member/retirement-income/monthly-payouts/cpf-life" target="_blank" title="monthly payouts">monthly payouts</a> in retirement.</p>
<h3>CPF Housing Withdrawal Limits</h3>
<p>Please note that the <a rel="noopener noreferrer" href="https://www.cpf.gov.sg/propertyusage" target="_blank" title="CPF Housing Limits">CPF Housing Limits</a> may apply. This limit helps to protect you from overspending on housing loan repayments at the expense of your retirement savings.</p>

Using CPF to repay housing loans after 55

<p>For your planning, please note that the proportion of <a rel="noopener noreferrer" href="https://www.cpf.gov.sg/service/article/how-are-my-cpf-contributions-allocated-to-my-cpf-accounts" target="_blank" title="CPF contributions">CPF contributions</a> that goes into the Ordinary Account drops progressively from age 35. From that age, more of your CPF contributions go to your Special Account and Medisave Account in order to help you save for retirement and healthcare needs. Before you are 55, only the savings in your CPF Ordinary Account can be used for housing loan repayments.</p>

CPF contribution rates

<p>You can refer to the <a rel="noopener noreferrer" href="https://www.cpf.gov.sg" target="_blank" title="CPF Board website">CPF Board website</a> for more information about withdrawing your CPF when you turn 55.</p>

CPF Rules and Early Repayment