Retirement Calculator Singapore

It depends entirely on the monthly spend you want, and there is no single figure. Start from what CPF already pays you: set aside the Full Retirement Sum (S$220,400) at 55 and CPF LIFE pays S$1,780 a month from 65 on the Standard Plan, which is CPF's own published figure. Subtract it from your target spend and you have your gap. The capital that sustains the gap depends on the withdrawal rate you assume: at 4%, each S$1,000 a month of gap is sustained by about S$300,000. At 3% it takes S$400,000, and at 5% about S$240,000 — which is why this calculator always shows the three side by side rather than one number.

CPF LIFE is a lifelong monthly payout that starts at 65, and it is set by the retirement sum you put aside at 55. CPF publishes the figures: on the Standard Plan, the Basic Retirement Sum (S$110,200) pays S$950 a month, the Full Retirement Sum (S$220,400) pays S$1,780, and the Enhanced Retirement Sum (S$440,800) pays S$3,440. The sum keeps earning interest between 55 and 65, which is why a S$220,400 sum set aside at 55 has grown to about S$330,100 by 65 and still pays S$1,780. Whatever monthly spend you want above that figure is the part CPF does not cover, and it is the gap this calculator sizes. If your own sum falls between CPF's published rows, SGfi interpolates and says so. To project what your balance will actually be, use the CPF calculator.

Whichever one you set — it is an input, not a figure SGfi picked for you. The box starts at 4%, a commonly cited number originating in Bengen’s 1994 study and the Trinity Study that followed it, both based on US historical market data. That is a reference point, not a recommendation, and not a finding about Singapore. Because the choice of rate moves the answer enormously, the calculator always displays 3%, 4% and 5% side by side: the same gap that a 5% rate sustains on S$240,000 per S$1,000/month takes S$400,000 at 3%. Which rate is reasonable for you is a judgement about your own risk, horizon and portfolio, and this tool does not make it.

Coast FIRE is the point at which the money you have already invested would grow, on its own, into the pot you are targeting by retirement age — so no further contributions are strictly required, and anything you keep adding simply gets you there faster or higher. This calculator shows the coast figure as pure arithmetic: it takes what you have invested today and compounds it to 65 at the return rate you set, with contributions switched off. It says nothing about whether stopping contributions is a sensible thing for you to do.

By default it assumes 2.5% a year — the CPF Ordinary Account floor rate. That figure is deliberate: it is a statutory CPF rate, so out of the box every number on this page traces back to a published CPF figure rather than to a market forecast SGfi made up. It is almost certainly not the return on your own investments, so the field is editable. Set it to whatever your portfolio actually earns.

Not by default. Out of the box every figure is shown in unadjusted dollars, which means no inflation assumption is applied anywhere — the default answer rests on zero forecasts. Because prices do rise, the calculator offers an optional inflation toggle: switch it on and both the CPF LIFE payout and the portfolio figure are restated in today’s purchasing power, at a rate you can edit. It starts at 2%, the reference point in MAS’s medium-term core-inflation objective. Turning it on widens the gap, because a future payout buys less.

No. Every calculation on this page runs in your browser. Your age, target spend, savings and CPF figures are never transmitted to SGfi or to anyone else, and nothing is stored on a server. You can confirm this by opening your browser’s network tab while you use the tool.

They answer two different questions and they are deliberately kept apart. The CPF calculator projects your CPF balances forward from your salary and current balances, so it tells you what your Ordinary, Special and MediSave accounts (and your eventual CPF LIFE payout) are on track to be. This retirement calculator starts one step later: it takes that payout as a given, compares it against the monthly spend you want, and sizes what is left over. If you do not yet know your Retirement Account balance at 65, run the CPF calculator first and bring the number back here.