try our Retirement Calculator and discover how ready you are to realise this dream.
53% of working adults who are financially informed feel they will enjoy a happy retirementFootnote:1.
Footnote 1HSBC The Future of Retirement Report 2016
It’s estimated that retirees require
60% to 70%
of their pre-retirement income
to live comfortablyFootnote:2.
This means that you’ll need
S$ per month.
Footnote 2TODAY article – Saving for retirement
Your monthly debt should not exceed 35% of your gross monthly incomeFootnote:3.
Footnote 3MoneySENSE article – Getting Out of Debt
77% of pre-retirees have started saving for their retirementFootnote:6.
Footnote 6HSBC The Future of Retirement Report 2016
Entertainment + Utility and phone bills + Public transport + Food = S$1,200Footnote:7
Footnote 7Channel News Asia article – Retirement planning: How much is enough?
Footnote 8askST: What are the average annual returns for Singapore Savings Bonds?
Adjust the sliders to see how you can be better prepared for retirement.