, cpf could be withdrawn freely after the age of 55.derly use the money to expand their businesses or invest. others purchased homes. ♪ this man withdrew most of his cpf 15 years ago to purchase a new home. >> in the evening i come home. daytime i work. >> monday to sunday, right? >> yeah. no off. i pay 1,000 plus. not sure. >> the average household income in singapore where double income is champion is estimated at $2900 to $3700 u.s. a month. tay's income comes to about $950 including interest remaining on his cpf. his newly purchased home is one of the unique housing units from hgb offered only to singaporean nationals. he currently lives with his son and daughter-in-law and is paying off his mortgage with his son. his home is 100 square meters in size, with a living room, bath, kitchen, and four other rooms. tay and his wife have been dependent on his income since she quit her job and became a full-time homemaker when the couple married. tay's son works on kmis as a sales representative, but it's not a lucrative job. he as also expe