Singapore Retirement Calculator - CPF Retirement Planning

Plan Your Retirement

Current Age:

Planned Retirement Age:

Current CPF OA Balance (SGD):

Current CPF SA Balance (SGD):

Monthly Salary (SGD):

Annual Salary Growth (%):

Monthly Additional Savings (SGD):

Desired Monthly Retirement Income (SGD):

CPF Retirement Scheme:

Retirement Planning Results

Enter your current financial details and retirement goals to see your retirement adequacy projection.

Singapore Retirement Planning

Singapore's retirement system is built around the CPF (Central Provident Fund) which provides retirement income through various schemes. This calculator helps you plan for a comfortable retirement.

Basic Retirement Sum (BRS)

2025: $99,400

Minimum amount required in RA. Provides basic retirement income with property pledge.

Full Retirement Sum (FRS)

2025: $198,800

Recommended amount for adequate retirement income without property pledge.

Enhanced Retirement Sum (ERS)

2025: $298,200

Higher amount for enhanced retirement income and greater financial security.

CPF LIFE Payouts (Estimated Monthly)

BRS ($99,400): ~$770 - $840 per month
FRS ($198,800): ~$1,540 - $1,680 per month
ERS ($298,200): ~$2,310 - $2,520 per month

Retirement Planning Tips

Start Early: The power of compound interest works best over long periods
Maximize CPF: Consider voluntary contributions to boost retirement savings
Diversify: Don't rely solely on CPF - consider other investments
Healthcare: Factor in healthcare costs which typically increase with age
Inflation: Account for inflation when planning retirement expenses

Additional Retirement Income Sources

CPF LIFE: Monthly payouts from age 65
SRS (Supplementary Retirement Scheme): Tax-deferred retirement savings
Private Investments: Stocks, bonds, REITs, unit trusts
Property: Rental income or downsizing
Part-time Work: Continued employment in retirement