To calculate the total retirement income gap you need to multiply annual retirement income gap by number of years in retirement.
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If I am above age 55, I can top up my CPF Retirement Account up to the prevailing Enhanced Retirement Sum.
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From 2016 onwards, an additional 2% interest will be paid on the first $20,000 of combined CPF balances for all members aged 50 and above.
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SRS is a voluntary scheme where contributions to your SRS account are capped at $15,300 per year for both Singaporeans and foreigners.
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To be eligible for HDB Lease Buyback Scheme, total gross monthly household income must be $14,000 or less.
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