Retirement income

Withdraw CPF savings for immediate retirement needs

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Use this form to withdraw your own CPF savings from age 55.

The amount you can withdraw via this form is subject to your Daily Withdrawal Limit. 

If you make a withdrawal and have not set aside your Full Retirement Sum, any non-withdrawable amounts in your Ordinary Account may be transferred to your Retirement Account. 

If you are born in 1957 or later:

  • Have not started your monthly payouts: Additional withdrawable savings from age 65 will be withdrawn from your Retirement Account first, followed by withdrawable Ordinary Account savings from age 55.
  • Started monthly payouts: Withdrawable Ordinary Account savings from age 55 will be withdrawn first, followed by additional withdrawable savings from age 65 in your Ordinary Account.

Donees and deputies authorised to withdraw on a member’s behalf should refer to the application process here.

Important notes

  • Beware of impersonation scams where scammers may insist that you are involved in crimes like money laundering and pressure you to hand over valuables for “investigation”. STOP and CHECK if it’s real, and stay vigilant with our anti-scam tips.
  • Before you begin, ensure that you have updated your contact details and provided a bank account in Account settings.
  • To receive your CPF withdrawals via PayNow, ensure that the bank account in Account settings is set to your “PayNow NRIC-linked bank account”. If not, update your bank account details and wait for the mandatory 12-hour cooling period to complete before submitting the application.
  • You may need to further verify your identity to complete this application.