Singapore CPF planning tool

CPF OA drawdown calculator

Estimate a level monthly withdrawal from an Ordinary Account for a chosen period. It uses a constant OA rate and annual interest crediting under the timing assumption stated below.

Your planning inputs

Withdrawable OA amount

Choose a common amount or type your own. Enter only the amount shown as withdrawable in your CPF Retirement Dashboard — not your displayed OA balance by default.

Withdrawal starts at age

years

Age is a planning label only. It does not determine legal withdrawal eligibility.

Drawdown length

years

Choose a common period or type your own. The model targets an end balance of S$0 after the final monthly withdrawal.

Assumed OA base interest rate

% p.a.

Default: 2.50% p.a. — the published OA rate for 1 July–30 September 2026. CPF rates are reviewed quarterly.

Illustrative monthly draw from age 60

S$1,964

for 30 years, assuming a constant 2.50% OA base rate.

Total withdrawalsS$707,089

Modelled interestS$207,089

Final withdrawal age90

Ending balanceS$0

Interest is accrued monthly on the post-withdrawal end-of-month balance and credited to the OA once each year.

Eligibility comes first. At 55, CPF first creates the Retirement Account and transfers SA, then OA, up to the applicable Full Retirement Sum. For members born in 1958 or later, only S$5,000 is generally unconditional at 55; OA/SA above the FRS may be withdrawable. Use your CPF Retirement Dashboard as the source of truth.

Important CPF treatment

Extra interest is not extra OA drawdown yield. For members 55 and above, CPF currently pays extra interest on the first S$30,000 of combined CPF balances and another 1% on the next S$30,000, subject to an OA cap of S$20,000. The extra interest earned on OA goes to the RA (or SA where applicable), not back into OA. It is therefore excluded from this OA-only drawdown calculation.
This is not an annuity or CPF LIFE estimate. It is a fixed-term depletion illustration: it deliberately reaches zero after the selected term. CPF LIFE is designed to pay for life and works differently.
Timing convention: to match a conservative end-of-month withdrawal assumption, the model deducts the draw first each month, accrues that month’s interest on the remaining month-end balance, and credits the accumulated interest each December. CPF Board’s operational calculation and your actual withdrawal date/settings prevail.
Private by design: calculations happen only in your browser. This page has no account login, analytics, server storage or data upload.

Official references (checked 22 September 2026): CPF interest rates, Jul–Sep 2026 · CPF withdrawals at 55.

Planning education only — not financial, legal or CPF withdrawal advice. Recheck current CPF rules and your personal withdrawable amount before acting.