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