[sgxin]

Most ppl think they can live up to 80.
But I dont think so lah…

One must live till 82yo to start enjoying the extra payout under CPF Life.

And max "loss" will be if the person dies at the end of 75yo.
Cos if the he/she keeps the ERS amount of $426K in his/her OA (hypothetical) and drawing out $3.33/mth, the nominees will get $239K from his OA balance. Whereas if all $426K is placed in RA, the nominees will only get $26.4K. This is a difference of $212.7K. 

So if one isn't sure on whether he/she can survive beyond 75yo (and not afraid of being scammed), best option will be to put the FRS amount into RA.