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Old 04-09-2010, 06:08 PM
alldaylong alldaylong is offline
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Default $500k in cpf @ 55, how much can i withdraw?

Hi all, i have read and googled on cpf withdrawal amounts but was unable to find an updated version (with all the recent changes), as the cpf website/articles are not helpful/clear for me. thus, i will like to ask forumers:

if today, i have $500,000 in my cpf (i am 55), how much can i take out from the account after cpf life etc?

(a) what are the components that will "retain" my money and
(b) how much will be retained
(c) what is the excess amount that i can take out?
(d) any other restrictions on the final amount/taxable etc?

thanks in advance for your input, i am sure this will be helpful to other people too.

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