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Retirement planning

Which retirement will you actually be able to afford?

Pick a lifestyle — basic needs, the average Singapore retiree, comfortable, or luxury — tune every line item, and see your monthly paycheck gap at 65 against official CPF LIFE estimates and your own savings. Real budgets from the Minimum Income Standard and SingStat’s expenditure survey, not guesses.

Your retirement lifestyle

Household
Lifestyle type
Monthly total (today's dollars)S$2,350/mo

HES 2023 (SingStat): S$2,349/mo average 65+ retiree household. Line items are an editable planning split — the tier totals are anchored to the sources; couple factor ×1.71 follows the MIS single-vs-couple ratio. Need inflates at 3%/yr to 65; savings grow at 4%; savings convert to lifelong income at CPF LIFE’s own pricing (≈S$191 of capital per S$1/mo).

Projected surplus at 65S$294/mo

You'll want S$4,920/mo at 65 (S$2,350 today, inflated 25 years); projected income is S$5,214/mo

CPF LIFE S$1,670/mo
From savings (S$677,887 at 65)S$3,544/mo
Lifestyle need at 65S$4,920/mo
This lifestyle looks fundedOn these assumptions your income layers cover the common (average retiree) lifestyle with S$294/mo to spare. Stress-test it — living to 95, lower returns, one partner’s payout stopping — before relaxing.

A simplified planning view, not advice. Lifestyle tiers anchor to the Minimum Income Standard 2023 (NTU/LKYSPP) and SingStat’s Household Expenditure Survey 2023; comfortable/luxury tiers and all line-item splits are modeled planning figures. CPF LIFE figures are CPF’s official Standard-plan estimates (members turning 65 in 2035) — level payouts that don’t rise with inflation, while your lifestyle need does; the adviser tool models that erosion, escalating-plan trade-offs, bridge years before 65 and income layers (dividends, rental, private payouts) individually.

A gap number is a starting point, not a plan

Free and no obligation — an adviser can help you:

  • Model the layers individually — CPF LIFE plan choice, private payouts, dividends, rental, drawdown sequencing
  • Stress-test it: live to 95, returns at 2% not 4%, inflation eating level CPF LIFE payouts
  • Plan the bridge if you want to stop before 65 — those years are fully self-funded
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