This video explains why the CPF LIFE Basic Plan is financially more superior than the CPF LIFE Standard Plan, and how the significantly higher Bequest Payable upon death far exceeds the loss due to the lower monthly payouts under the CPF LIFE Basic Plan.
Opt for The CPF LIFE Basic Plan unless the $120 to $150 lower payout per month will impact your cash flow significantly during your retirement years, or you are fairly certain you will very likely live past the age of 92.
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