[sgbuffett]

The most important chart is this.

If you choose basic scheme for cpf life you get a bit less each month but your bequest is much larger.

If you die at around 80 the standard and enhance have zero bequest and the basic has 100k to give to your children...



By taking just 100$ a month less than standard, the basic gives 100k more in bequest at age 80.

The difference is so large it make no sense to go for standard scheme which is the default.

Many will make this mistake of choosing standard because they  did not bother to check......and took things for granted.

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So those above 55 now....which did you choose?