CPF Life

[richwang]

https://www.cpf.gov.sg/Members/Schemes/schemes/retirement/cpf-life#Item1596

It is interesting to see the payout drops for the "Enhanced CPF Life". You are paying x3 as the Basic CPF Life, but only get 2.66 times of the payout.

[teddybear]

I already said CPF Life is not good deal what...

Just like Medishield Life with Integrated Plan is worse off than Medishield Integrated Plan because we end up having to help pay 2x to 3x more ultimately to insure all those who insurance companies don't want to insure them in the first place............ All those subsidies in the first 3 years are just to help us to ease into the long-term pain........ :scared-3: