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Old 31-03-2019, 04:47 PM   #1133
Extech
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Hi BBCwatcher, was playing around with the CPF Life Estimator calculator https://www.cpf.gov.sg/eSvc/Web/Sche.../LifeEstimator and I found something quite puzzling.

According to the diagram, CPF Life's monthly payout for escalating plan is lower than that of the basic plan until it "catches up" at 72.

In fact, if you take a look at cummalative payouts, the escalating plan only "catches up" to that of basic at age 74.

However, why is it that the bequest amount on escalating plan is lesser than that on basic plan right from the start?
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