Retirement calculator: estimate your savings gap
Enter a few details to estimate the savings you need and your current gap. Results are indicative, not personalised advice, and vary by individual.
Reading your result
The calculator uses “monthly spending × 12 × years in retirement”, uplifted roughly for inflation, to estimate the savings you need; it then subtracts current savings and expected MPF to give your gap. The result is an estimated range, not a precise figure.
For a closer fit, adjust monthly spending, retirement age and life expectancy, then compare.
Assumptions and limits
- Uplifts the required amount by a conservative inflation estimate.
- Does not factor in investment return, tax or specific product terms.
- Life-expectancy and spending assumptions vary by individual.
This tool is for general reference only, not personalised financial advice; verify actual figures with an advisor.
Related reading
Frequently asked questions
How accurate is the calculator?
It is an estimate shaped by assumptions — treat it as a starting point, not a precise answer.
Why is my number so high/low?
It is sensitive to monthly spending, years in retirement, inflation and return — adjust the inputs and compare.
What is the next step?
Book a conversation to see how MPF, annuities and investments can close the gap step by step.
Want to reach your number? Book a chat
The calculation is only a starting point; plans differ by person.