OA DRAWDOWN · RETIREMENT PLANNING

OA Payout Planner

Turn your Ordinary Account savings into a steady monthly income, for the number of years you choose.

S$

Enter the amount available for withdrawal, from zero to one billion Singapore dollars.

65years old
55606570
years
OA base rate: 2.5% p.a.
%

You could draw

S$—

every month from age 65 to 85 (20 years)

Estimated monthly withdrawal
Per year—
Total you receive—
Interest earned—
Payouts end atAge 85

Your OA balance as you draw

Interest keeps working on the remaining balance as you withdraw.

Compare shorter and longer payouts

Tap a bar to switch. A shorter period gives you more each month; a longer period stretches your savings further.

Year-by-year breakdown

Show the full schedule
Age at year endOpening balanceInterestWithdrawalsClosing balance

Figures are rounded for display. The final payment may need a small rounding adjustment.

How this works

Calculation assumptions and CPF interest timing

We convert the annual interest rate to an equivalent monthly rate: r = (1 + annual rate)1/12 − 1. The level monthly withdrawal is P × r ÷ [1 − (1 + r)−n], where P is the starting balance and n is the number of months. At 0% interest, the payment is P ÷ n.

CPF computes interest monthly and credits it annually. Amounts withdrawn do not earn interest in their withdrawal month. This monthly-compounding annuity estimate therefore differs from an exact CPF transaction schedule.

Read CPF’s interest calculation rules ↗

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