Retirement Savings Calculator

Find out how much you need to retire comfortably and whether you are on track to get there.

Rates verified: June 2026

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🌴 Your Retirement Plan

S$
S$
%
S$

📊 Your Retirement Picture

Total Needed at Retirement
S$1,200,000
25x annual expenses (4% rule)
Projected Savings at Retirement
S$873,000
At 4% return over 35 years
Savings Gap / Surplus
-S$327,000
You are short by this amount
Monthly Savings Needed
S$2,100
To fully close the gap
Years Until Retirement
35 years
Time to grow your savings
🏛️
CPF LIFE estimate: Depending on your CPF Retirement Account balance at 65, CPF LIFE may pay approximately S$700 to S$2,000+/month for life. This can offset a significant portion of your retirement expenses. Check your projected payout at cpf.gov.sg.
What this means: Based on your expected spending of S$4,000/month in retirement, you need roughly S$1.2 million saved by age 65. Your current savings trajectory puts you at S$873,000 at retirement, leaving a gap to close.
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The most effective levers: start earlier, contribute more monthly, or aim for a slightly higher return through diversified investments. Even an extra S$200/month from today can compound significantly over 35 years.

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Disclaimer: Results are estimates for reference only. Retirement needs vary greatly based on lifestyle, health, dependants, and inflation. The 4% rule is a common guideline, not a guarantee. Consult a licensed financial advisor for personalised retirement planning.

Frequently Asked Questions

How much do I need to retire in Singapore?

A common rule of thumb is to have 25x your annual retirement expenses saved (the 4% rule). For SGD 4,000/month expenses, that is SGD 1.2 million. CPF LIFE also provides a monthly payout from age 65.

What is CPF LIFE?

CPF LIFE is Singapore's national annuity scheme. Members with at least SGD 60,000 in their Retirement Account at age 65 are automatically enrolled. Payouts typically range from SGD 700 to over SGD 2,000/month depending on your retirement sum.

Is this calculator free to use?

Yes. Every calculator on AsiaCalc is completely free to use with no signup required. All calculations run in your browser, so the figures you enter are never uploaded or stored.

How accurate are the results?

The results are estimates based on published rates and the details you enter. They are intended for planning and general reference. For decisions that matter, confirm the figures with the official source or a qualified professional.

📘 Related Guide Retirement Planning in Singapore 2026: CPF LIFE, SRS, and How to Start

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⚠️ Financial Disclaimer: Calculations on this site are for informational purposes only and do not constitute financial advice. Results are estimates based on published rates and may not reflect your individual circumstances. Always verify with official sources and consult a qualified financial advisor before making financial decisions.

Data Sources

How the Retirement Calculator Works

This calculator projects whether your current savings and contributions will be sufficient to fund your desired retirement lifestyle. It factors in your current savings, monthly contributions, expected investment returns, target retirement age, expected retirement duration, and desired monthly retirement income. The result shows projected savings at retirement and whether the amount can sustain your target monthly withdrawal.

The 4% Withdrawal Rule

A commonly referenced guideline is the 4% rule: a retiree can withdraw 4% of their portfolio annually with a high probability of the portfolio lasting 30 years. For Singapore residents with longer average lifespans (approximately 84-86 years), a more conservative 3-3.5% withdrawal rate may be appropriate. CPF Life provides a baseline lifetime income, which reduces the amount needed from personal savings.

Planning Cautions

Inflation erodes purchasing power. A $4,000 monthly income today requires approximately $7,200 in 20 years to maintain the same purchasing power at 3% inflation. Medical costs typically increase faster than general inflation. This calculator uses assumed constant returns; actual market returns fluctuate and sequence-of-returns risk (poor returns early in retirement) can significantly impact portfolio longevity.