OCBC Life Goals

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Retirement Goal Calculator

Nobody can predict the future, but you can best prepare for it with OCBC Life Goals.

Estimated time required: 5 minutes

Let’s understand your retirement needs

What is your current age?
Please enter an age ranging from 33 - 100
When do you plan to retire?
Please enter an age ranging from 33 - 100
When do you wish your retirement fund to last till?
Please enter an age ranging from 33 - 100
How much would you need after retirement?
Monthly expenses
Such as food, utilities, medical or healthcare expenses
This input field must not be empty.
Yearly one-time expenses
Such as holiday trips, home upgrades/maintenance
This input field must not be empty.
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When you retire in 0 years time,

You will need to set aside RM0

Age 0
Retirement
Age 0
Today
Age 0
Life
expectency
Show how much you need for your retirement
Check if you are prepared now
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 How was this calculated?
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  • When you retire in 32 years time, based on inflation of 2.52%*, your future monthly expenses will likely be RM 20,490.
The following assumptions are used in the calcuation of the Goal graph:
  1. General disclaimer: The Retirement Goal Calculator is designed to provide only a general illustration of the potential retirement cost. The amount shown includes the projected rate of return for variables such as inflation, investment growth and cash in hand. Actual numbers may vary depending on the economic conditions. The information and analysis provided by this calculator are based on various assumptions, which are subject to change at any time without notice. This does not provide any analysis on your financial position, investment objectives nor individual needs, and must not be regarded as any advice for your financial planning.
  2. *Inflation Rate: The inflation rate is based on a 10-year geometric average of Malaysia CPI, 2006-2016 (Source: DOSM, updated as at 19 December 2017).
  3. Goal amount: This is the estimated amount required at the retirement age to achieve your goal. It is calculated based on inflation adjusted expenses at retirement.

Now, let's calculate what you have set aside for your retirement

AMOUNT
ESTIMATED RETURN RATES
Cash
Cash in your savings account and fixed deposits.
Investment
Current market value of your unit trusts, shares and etc.
Endowment
Value of your endowment plan upon maturity.
If you can’t remember the maturity value of your plan, you can also use amount you invested so far.
Can't remember?
Property investment
Properties you currently own
Net proceed
(After deducting any outstanding loan and fees)
Monthly rental income
Total expected rental amount from the properties
Employee Provident Fund (EPF)   
The average historical dividend rate from year 2013-2017 is 6.50% p.a. This doesn’t guarantee any future performance and projected savings is hypothetical figure. Actual savings in the future may differ under different circumstances
Disclaimer
Current balance
Monthly contribution
Total amount from employee & employer contributions
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Based on your needs and assets,

You would have a of RM0

Surplus
RM0
Your retirement goal
RM0
Age 0
Today
Your current assets
RM0
Age 0
Retirement
Projected value of assets
RM0
Estimated investment returns
RM0
Shortfall
RM0
Surplus
RM0
Your retirement goal
RM0
Shortfall
RM0
Estimated investment returns
RM0
Projected value of assets
RM0
Your current assets
RM0
Age 0
Today
Age 0
Retirement
Calculate if you have enough to retire
Continue
Edit your assets
 How was this calculated?
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The following assumptions are used in the calculation of the Goal graph:
  1. General disclaimer: The Retirement Goal Calculator is designed to provide only a general illustration of the potential retirement cost. The amount shown includes the projected rate of return for variables such as inflation, investment growth and cash in hand. Actual numbers may vary depending on the economic conditions. The information and analysis provided by this calculator are based on various assumptions, which are subject to change at any time without notice. This does not provide any analysis on your financial position, investment objectives or individual needs as any advice for your financial planning.
  2. *Inflation Rate: The inflation rate is based on a 10-year geometric average of Malaysia CPI, 2006-2016 (Source: DOSM, updated as at 19 December 2017).
  3. Goal amount: This is the estimated amount required at the retirement age to achieve your goal. It is calculated based on inflation adjusted expenses at retirement.
  4. Investment: All investments (Shares and Unit Trust) are liquidated at start of retirement. The dividends are assumed to be re-invested.
  5. Projected value of savings/investments at retirement: This is the sum of projected values of current value of savings/investment set aside for this goal using the respective return rate.

Choose ONE or BOTH approaches to help you .

In a disciplined manner
You prefer products such as endowment plan to help you grow your investment in a disciplined manner.
Range of estimated annual rate of return
The estimated rate of return is based on a limited pay universal life endowment plan with 13 years coverage term.
Estimated returns may vary in accordance to different endowment plan.
Source
Monthly investment amount
Your investment preferences
You prefer your policy payout to be paid:
You prefer your policy benefits to focus on:
Show investment preferences
To optimise returns
You prefer an investment portfolio that encompasses products such as unit trust to provide you with potential capital and/or regular returns.
Range of estimated annual rate of return
Benchmark historical performance over the past 5 years (2012-2017)
Benchmark
60% Barclays Global Bond Index
40% MSCI World Index
Source: Bloomberg.
Source
Investment amount
Your investment preferences
Select up to 3 choices on where you would invest in…
Show investment preferences
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There seems to be an invalid information,
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Based on your investment approach,

RM0

Surplus
RM0
Your retirement goal
RM0
Age 0
Today
Your current assets
RM0
Age 0
Retirement
Projected value of assets
RM0
Estimated investment returns
RM0
Shortfall
RM0
Surplus
RM0
Your retirement goal
RM0
Shortfall
RM0
Estimated investment returns
RM0
Projected value of assets
RM0
Your current assets
RM0
Age 0
Today
Age 0
Retirement
See how this could help you
Check out the options we crafted for you
Edit my investment approach
 How was this calculated?
Close
The following assumptions are used in the calculation of the Goal graph:
  1. General disclaimer: The Retirement Goal Calculator is designed to provide only a general illustration of the potential retirement cost. The amount shown includes the projected rate of return for variables such as inflation, investment growth and cash in hand. Actual numbers may vary depending on the economic conditions. The information and analysis provided by this calculator are based on various assumptions, which are subject to change at any time without notice. This does not provide any analysis on your financial position, investment objectives or individual needs, and must not be regarded as any advice for your financial planning.
  2. *Inflation Rate: The inflation rate is based on a 10-year geometric average of Malaysia CPI, 2006-2016 (Source: DOSM, updated as at 19 December 2017).
  3. Goal amount: This is the estimated amount requited at the retirement age to achieve your goal. It is calculated based on inflation adjusted expected expenses at retirement.
  4. Investment: All investments (Shares and Unit Trust) are liquidated at start of retirement. The dividends are assumed to be re-invested.
  5. Current value of savings/investment: This is the sum of lump-sum cash, lump-sum investment set aside for this goal.
  6. Projected value of savings/investments at retirement: This is the sum of projected values of current and additional value of savings/investment set aside for this goal using the respective return rate.

Options based on your preferred investment approach

Options for a disciplined approach
We have 2 options for you
No options for disciplined manner approach
We apologies as we could not find a suitable option for this approach.
Plan A
Policy Terms
Pay 0 years for
0 years coverage
Capital Guaranteed/ Guaranteed Returns

Guaranteed Cash Payout

Guaranteed Death & TPD Benefit

Guaranteed Issuance

Show more details  
Plan B
Policy Terms
Pay 0 years for
0 years coverage
Capital Guaranteed/ Guaranteed Returns

Guaranteed Cash Payout

Guaranteed Death & TPD Benefit

Guaranteed Insurance

Show more details  
Unable to show your disciplined manner approach.
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* Endowment is a medium term investment and it is not suitable for your goal's timeline
* This is the shortest policy term available and may not meet your goal's timeline
Options for optimised returns
We have 2 options for you
No options for optimize returns approach
We apologies as we could not find a suitable option for this approach.
Portfolio A
This portfolio aims to balance risk and return.
Top Sectors
Region
Risk Tolerance
Show more details  
Portfolio B
This portfolio aims to balance risk and return.
Top Sectors
Region
Risk Tolerance
Show more details  
Unable to show your optimize returns approach.
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To ensure that the investment products you purchase meet your financial needs, we will perform a Financial Needs Analysis with you to assess your invesment and risk appetite.
Ready to put your investment approach into action? We are here to assist.
Get us to call you
Investing can be complicated. Let us get in touch with you to help you get closer to your Life Goals.
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