Singapore · SGD · Pension guide
Singapore retirement calculator
Bring a CPF payout estimate into a wider spending plan. Keep CPF LIFE income separate from accessible savings and explore the years before payouts begin.
Jump to calculator ↓ Understand the pension system
What can this calculator estimate?
It compares spending, manually entered pensions and accessible savings in SGD, in today's purchasing power.
Use your own after-tax pension estimate. Read the full example
Compare invented scenarios. Amounts are not forecasts or entitlement calculations.
View results ↓Worked example. Change the inputs to explore your plan.
From age 65 to 66 · 12 modelled months · SGD
12-month retirement spending estimate
SGD 34,002
After tax · today's money
- Income you entered
- + SGD 0
- From savings or pension pot
- + SGD 34,002
A level budget through age 95 under your assumptions. It can use up savings and leaves no inheritance reserve. Review each year; this is not a guaranteed spending amount.
See the 12-month breakdown
Rounded monthly averages, not actual payment dates. Income above this budget is not reinvested.
| Month | Income you entered | From savings or pension pot | Spending budget | Savings left |
|---|---|---|---|---|
| 1 | SGD 0 | SGD 2,833 | SGD 2,833 | SGD 770,919 |
| 2 | SGD 0 | SGD 2,833 | SGD 2,833 | SGD 769,334 |
| 3 | SGD 0 | SGD 2,833 | SGD 2,833 | SGD 767,746 |
| 4 | SGD 0 | SGD 2,833 | SGD 2,833 | SGD 766,156 |
| 5 | SGD 0 | SGD 2,833 | SGD 2,833 | SGD 764,564 |
| 6 | SGD 0 | SGD 2,833 | SGD 2,833 | SGD 762,968 |
| 7 | SGD 0 | SGD 2,833 | SGD 2,833 | SGD 761,370 |
| 8 | SGD 0 | SGD 2,833 | SGD 2,833 | SGD 759,770 |
| 9 | SGD 0 | SGD 2,833 | SGD 2,833 | SGD 758,167 |
| 10 | SGD 0 | SGD 2,833 | SGD 2,833 | SGD 756,561 |
| 11 | SGD 0 | SGD 2,833 | SGD 2,833 | SGD 754,953 |
| 12 | SGD 0 | SGD 2,833 | SGD 2,833 | SGD 753,342 |
Savings left after 12 months: SGD 753,342
How this budget is calculated ↗The projection below follows your entered spending or withdrawal plan; this budget is a separate estimate.
Accessible savings at retirement · 65
SGD 772,501
Today's money · After tax, in today's money.
At retirement, under these assumptions. This is not an extra monthly contribution.
Your accessible savings over time
Today's moneyThe first spending shortfall appears around age 87.8. Later pension payments may change the gap.
Pensions are set to zero. Add your estimates to include them.
See the year-by-year breakdown
| Age at year end | Phase | Savings added | Real growth | Pension income | Savings withdrawn | Unfunded spending | Savings left |
|---|---|---|---|---|---|---|---|
| 46 | Saving | SGD 10,500 | SGD 6,957 | SGD 0 | SGD 0 | SGD 0 | SGD 367,457 |
| 47 | Saving | SGD 10,500 | SGD 7,299 | SGD 0 | SGD 0 | SGD 0 | SGD 385,256 |
| 48 | Saving | SGD 10,500 | SGD 7,648 | SGD 0 | SGD 0 | SGD 0 | SGD 403,404 |
| 49 | Saving | SGD 10,500 | SGD 8,004 | SGD 0 | SGD 0 | SGD 0 | SGD 421,908 |
| 50 | Saving | SGD 10,500 | SGD 8,367 | SGD 0 | SGD 0 | SGD 0 | SGD 440,775 |
| 51 | Saving | SGD 10,500 | SGD 8,737 | SGD 0 | SGD 0 | SGD 0 | SGD 460,011 |
| 52 | Saving | SGD 10,500 | SGD 9,114 | SGD 0 | SGD 0 | SGD 0 | SGD 479,625 |
| 53 | Saving | SGD 10,500 | SGD 9,498 | SGD 0 | SGD 0 | SGD 0 | SGD 499,624 |
| 54 | Saving | SGD 10,500 | SGD 9,891 | SGD 0 | SGD 0 | SGD 0 | SGD 520,014 |
| 55 | Saving | SGD 10,500 | SGD 10,290 | SGD 0 | SGD 0 | SGD 0 | SGD 540,804 |
| 56 | Saving | SGD 10,500 | SGD 10,698 | SGD 0 | SGD 0 | SGD 0 | SGD 562,003 |
| 57 | Saving | SGD 10,500 | SGD 11,114 | SGD 0 | SGD 0 | SGD 0 | SGD 583,616 |
| 58 | Saving | SGD 10,500 | SGD 11,537 | SGD 0 | SGD 0 | SGD 0 | SGD 605,654 |
| 59 | Saving | SGD 10,500 | SGD 11,970 | SGD 0 | SGD 0 | SGD 0 | SGD 628,123 |
| 60 | Saving | SGD 10,500 | SGD 12,410 | SGD 0 | SGD 0 | SGD 0 | SGD 651,033 |
| 61 | Saving | SGD 10,500 | SGD 12,859 | SGD 0 | SGD 0 | SGD 0 | SGD 674,393 |
| 62 | Saving | SGD 10,500 | SGD 13,317 | SGD 0 | SGD 0 | SGD 0 | SGD 698,210 |
| 63 | Saving | SGD 10,500 | SGD 13,784 | SGD 0 | SGD 0 | SGD 0 | SGD 722,495 |
| 64 | Saving | SGD 10,500 | SGD 14,261 | SGD 0 | SGD 0 | SGD 0 | SGD 747,255 |
| 65 | Saving | SGD 10,500 | SGD 14,746 | SGD 0 | SGD 0 | SGD 0 | SGD 772,501 |
| 66 | Retirement | SGD 0 | SGD 14,771 | SGD 0 | SGD 42,000 | SGD 0 | SGD 745,272 |
| 67 | Retirement | SGD 0 | SGD 14,237 | SGD 0 | SGD 42,000 | SGD 0 | SGD 717,509 |
| 68 | Retirement | SGD 0 | SGD 13,693 | SGD 0 | SGD 42,000 | SGD 0 | SGD 689,202 |
| 69 | Retirement | SGD 0 | SGD 13,138 | SGD 0 | SGD 42,000 | SGD 0 | SGD 660,340 |
| 70 | Retirement | SGD 0 | SGD 12,572 | SGD 0 | SGD 42,000 | SGD 0 | SGD 630,911 |
| 71 | Retirement | SGD 0 | SGD 11,995 | SGD 0 | SGD 42,000 | SGD 0 | SGD 600,906 |
| 72 | Retirement | SGD 0 | SGD 11,406 | SGD 0 | SGD 42,000 | SGD 0 | SGD 570,313 |
| 73 | Retirement | SGD 0 | SGD 10,806 | SGD 0 | SGD 42,000 | SGD 0 | SGD 539,119 |
| 74 | Retirement | SGD 0 | SGD 10,195 | SGD 0 | SGD 42,000 | SGD 0 | SGD 507,314 |
| 75 | Retirement | SGD 0 | SGD 9,571 | SGD 0 | SGD 42,000 | SGD 0 | SGD 474,885 |
| 76 | Retirement | SGD 0 | SGD 8,935 | SGD 0 | SGD 42,000 | SGD 0 | SGD 441,820 |
| 77 | Retirement | SGD 0 | SGD 8,287 | SGD 0 | SGD 42,000 | SGD 0 | SGD 408,107 |
| 78 | Retirement | SGD 0 | SGD 7,626 | SGD 0 | SGD 42,000 | SGD 0 | SGD 373,733 |
| 79 | Retirement | SGD 0 | SGD 6,952 | SGD 0 | SGD 42,000 | SGD 0 | SGD 338,685 |
| 80 | Retirement | SGD 0 | SGD 6,265 | SGD 0 | SGD 42,000 | SGD 0 | SGD 302,950 |
| 81 | Retirement | SGD 0 | SGD 5,564 | SGD 0 | SGD 42,000 | SGD 0 | SGD 266,514 |
| 82 | Retirement | SGD 0 | SGD 4,850 | SGD 0 | SGD 42,000 | SGD 0 | SGD 229,364 |
| 83 | Retirement | SGD 0 | SGD 4,121 | SGD 0 | SGD 42,000 | SGD 0 | SGD 191,485 |
| 84 | Retirement | SGD 0 | SGD 3,378 | SGD 0 | SGD 42,000 | SGD 0 | SGD 152,863 |
| 85 | Retirement | SGD 0 | SGD 2,621 | SGD 0 | SGD 42,000 | SGD 0 | SGD 113,485 |
| 86 | Retirement | SGD 0 | SGD 1,849 | SGD 0 | SGD 42,000 | SGD 0 | SGD 73,334 |
| 87 | Retirement | SGD 0 | SGD 1,062 | SGD 0 | SGD 42,000 | SGD 0 | SGD 32,396 |
| 88 | Retirement | SGD 0 | SGD 272 | SGD 0 | SGD 32,668 | SGD 9,332 | SGD 0 |
| 89 | Retirement | SGD 0 | SGD 0 | SGD 0 | SGD 0 | SGD 42,000 | SGD 0 |
| 90 | Retirement | SGD 0 | SGD 0 | SGD 0 | SGD 0 | SGD 42,000 | SGD 0 |
| 91 | Retirement | SGD 0 | SGD 0 | SGD 0 | SGD 0 | SGD 42,000 | SGD 0 |
| 92 | Retirement | SGD 0 | SGD 0 | SGD 0 | SGD 0 | SGD 42,000 | SGD 0 |
| 93 | Retirement | SGD 0 | SGD 0 | SGD 0 | SGD 0 | SGD 42,000 | SGD 0 |
| 94 | Retirement | SGD 0 | SGD 0 | SGD 0 | SGD 0 | SGD 42,000 | SGD 0 |
| 95 | Retirement | SGD 0 | SGD 0 | SGD 0 | SGD 0 | SGD 42,000 | SGD 0 |
Educational estimates. Not personal financial advice. Manual pension amounts. No eligibility, tax calculation or future benefit reassessment. This model assumes steady returns and is not a probability of success.
Bridging the years before CPF payouts
Our worked example separates the years before an entered pension begins from the years after it starts. Every amount and age is invented. It is a calculation illustration, not a typical pension, an entitlement estimate or a recommended retirement age. Do not treat the constant-real-income assumption as a description of every CPF LIFE plan.
Read the full exampleUnderstand the pension system
Singapore
Common questions
Will changing the start age recalculate CPF LIFE?
No. Obtain a revised payout estimate from CPF and update the amount as well as the date.
Which money can I count as savings?
Include only capital you can draw on for this plan, after allowing for access restrictions and taxes outside the model. Exclude property you will not sell and assets already used to fund an entered pension payment. Future lump sums are not modelled.
Do pension payments keep pace with inflation?
The illustration holds payments constant in today's purchasing power. Your actual pension may have different increases, caps or no indexation. Test a lower real payment as a separate scenario if needed; this tool does not forecast those rules.
Are my financial inputs stored?
Your figures are calculated in your browser. They are not uploaded or saved in the address bar. Only public, invented example identifiers appear in example links. CSV exports are created on your device.
Methodology · 1.0
Methodology
12-month retirement spending estimate
Already retired? Set the stop-work age equal to your current age to estimate the next 12 months. Otherwise the estimate starts at your chosen retirement age.
Rounded monthly averages, not actual payment dates. Income above this budget is not reinvested.
How this budget is calculated ↗
One consistent money basis
All inputs and results use today's purchasing power. Enter net pension payments and spending after tax. The net return is nominal, after investment taxes and fees. Monthly real growth factor = ((1 + net return / 100) / (1 + inflation / 100))^(1/12). Savings contributions remain constant in real terms and arrive at month-end until retirement.
How the income gap is funded
From retirement, the monthly gap is max(0, spending − active pension payments). Savings grow first, then a month-end withdrawal funds the gap up to the available balance. Excess pension income is not reinvested. The capital needed at retirement is the sum of these future gaps discounted at the monthly real return; no future pension is borrowed against.
What the estimate leaves out
Amounts stay constant in real terms: the model assumes payments keep pace with inflation, which your actual pension may not do. Ages use whole years; no calendar dates, pension accrual, changing taxes, benefit offsets, future lump sums, market volatility or inheritance target are modelled. Income before your entered retirement age is excluded. Changing a start age does not recalculate the payment amount. Only combine streams that share the same dates.
Official sources & pension overviews
Sources checked . Manual pension amounts. No eligibility, tax calculation or future benefit reassessment. This model assumes steady returns and is not a probability of success.