S’poreans’ retirement funds enough for only 13 years: DBS survey

[NTL]

My CPF LIFE's monthly payment has increased by $10.49 from 01 JULY 2014. How about yours?
But i understand it can also decrease; depending on the pool of money available. In fact, there is even no guarantee of a minimum pay out per month.
So in this sense it is inferior to if you keep your RA as MS payout for those who can choose. In fact my wife chooses not to join CPF LIFE till now. I think most probably she will not join CPF LIFE at all because MS payout is more attractive.

MS payout only last for around 20yrs or so? When she outlast the payout period, she may think otherwise then?

I always prefer annuity plans like CPF Life, over drawdown plans like MS Scheme. I will like my money to outlast me, and not the other way.