ANNUTIES-How can we use them?

[HitandRun]

The attraction of this website is the focus on investments. It's disconcerting to see political agenda disguised as investment discussions. Not only that, but its a disservice (and damaging to valuebuddies long term reputation) to the 90% of people who come here to get a neutral opinion on financial products or companies.

If I were talking about annuities generally (not CPF life), I wouldn't get such a response.

Relax bro. Although Uncle Temperament is unabashedly anti-govt, I believe that he has a point. Most retirees couldn't care less or understand how the govt arrived at the computations. They are only interested in certain questions, e.g.

1. How much am I going to get on a monthly basis?
2. When will the govt stop paying me?
3. What happens to the money should I "expire" prematurely?

Therefore, if they can get more in the new scheme (CPF Life), their support will likely be higher.