Tags : CPF Full Retirement Sum, CPF Basic Healthcare Sum
My Profile : Married 36+ y/o staying in 4-room HDB apartment 

Pretty excited about potentially hitting one of my huge milestones this year so I’ve put together a little tracker for CPF Full Retirement Sum 2019 and CPF Basic Healthcare Sum 2019. It sure looks like a dozen years is gonna be what it takes.

From next year (2020) onwards, interest generated by CPF accounts is going to be covering for all future increases in CPF sums. More blog posts here if you’re interested in reading more 🙂

Historical CPF FRS Sum Requirements
CPF Full Retirement Sum (2017) = $166,000
CPF Full Retirement Sum (2018) = $171,000
CPF Full Retirement Sum (2019) = $176,000
CPF Full Retirement Sum (2020) = $181,000

Historical Basic Healthcare Sum Requirements
CPF Basic Healthcare Sum (2017) = $52,000
CPF Basic Healthcare Sum (2018) = $54,500
CPF Basic Healthcare Sum (2019) = $57,200
CPF Basic Healthcare Sum (2020) = To Be Confirmed

Note : The Basic Healthcare Sum (BHS) is the estimated savings you need for your basic subsidised healthcare needs in old age.

  • CPF Ordinary Account + Special Account 94% 94%

CPF Full Retirement Sum 2019 Target = $176,000
Monthly Tracker (incl. CPF-OA investments) 

  • 01 November 2019 : $166,432.39 (94.5%)
    01 October 2019 : $164,671.74 (93.6%)

  • CPF Medisave Account 100% 100%

CPF Basic Healthcare 2019 Target = $57,200
Monthly Tracker

  • 01 May 2019 : $57,200.00 (Target Achieved)

Read : Medisave
Read : CPF Transfer(s) to My / My Loved Ones’ Medisave Account

Information as per 2018 for CPF :
Full Retirement Sum (1.0x) = $171,000
Enhanced Retirement Sum (1.5x) = $256,500

How much would we “need” when we retire?
This just about covers the basic needs of a single elderly in a recent 2019 study.