I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Wednesday 5 June 2019

I Can Depend On CPF For Passive Income Upon Reaching 65 In 2021 To 85 in 2041

Upon reaching 65 in Oct 2021; Uncle8888 can depend on his CPF for passive income with draw-down strategy to spend all his CPF money starting from $60K and factoring 2.5% yearly inflation to $100K in 2041 @ 85 years old.

Read? 1M65 CPF OA Possible Or Not???


  1. I will turn 65@2030. I plan to start off with $1m @55. Let the interest compound and draw down @65. What do you think?

    1. Good idea. With fixed income as draw-down, we can sleep better through market and economic cycles and can also focus on investing with less emotional fear

  2. Ants are like that. Planning and sometime too much

  3. Not necessary to close cpfis as dividends from cpfis can be withdraw from cod is when necessary while earning 2.5% interest rate

  4. I kaypo here...

    1. With fully paid flat and no more children tuition fee, why you need so much ($5K) for living expenses as compare recent benchmark of $1.38K or $2.76K for 2 pax?


    1. Without owning a car, most senior citizens can survive decently with less than $5K. Re-schedule meal time and groceries for discount.

  5. Congrats Uncle8888!

    Pretty sure you already computed your CPF drawdown back in 2015! ;)

    For your RA payout, it's based on MSS?

    I suppose CPFLife (Basic plan) may be smaller amount, although it will be for life.

  6. MSS is neutral as is taking back own money

  7. Replies
    1. MSS is Minimum Sum Scheme but not applicable anymore other than Merdeka geneation

  8. I didn't compare. Taking back own money is good enough

  9. Hi,

    May I ask, after age 55, if the member's cpf interest generated from OA & SA is withdrawn in December of each year as passive income while keeping the principal untouched, does it mean the compounding interest of cpf is being missed out ie, the principal will not grow in quantum.


    1. Withdrawal of interests from CPF can be part of our retirement income sources for retirees. One should let your CPF compounding as long as possible!


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