OCBC Life Goals

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Al-Amin

Retirement Goal Calculator

This tool suggests values based on information about other users like you. However, you are free to customise these values where you see fit:

How old are you?
Please enter an age ranging from 33 - 100
At what age do you plan to retire?
Please enter an age ranging from 33 - 100
Until what age would you like your retirement fund to last?
Please enter an age ranging from 33 - 100
What is your desired retirement lifestyle?
Your future monthly expenses
(at today’s price)
This input field must not be empty.
Your future yearly one-time expenses
(at today’s price)
This input field must not be empty.

How much have you set aside for retirement?

AMOUNT
ESTIMATED RETURN RATES
Cash in your savings or FD.
Investments (includes shares, unit trusts, endowment plans, etc)
EPF (Current balance)
EPF (Monthly contribution)
The average historical dividend rate from year 2014-2018 is 6.38% p.a. This doesn’t guarantee any future performance and the projected savings is a hypothetical figure. Actual savings in the future may differ under different circumstances.
Disclaimer
Unable to show your retirement goal result. Please enter your answer above to proceed.
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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
Edit your assets
Check if you are ready to retire
Continue
 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. It does not indicate any analysis of your financial position, investment objectives or individual needs and should not be construed as advice for your financial planning.
  2. *Inflation Rate: The inflation rate is based on a 5-year average of Malaysia CPI (Consumer Price Index), 2014-2018 (Source: WEO (World Economic Outlook Database April 2019), updated as at April 2019).
  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 the 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.
 How was this calculated?
Close
  • 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 5-year average of Malaysia CPI (Consumer Price Index), 2014-2018 (Source: WEO (World Economic Outlook Database April 2019), updated as at April 2019).
  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.
Choose your monthly investment amount (RM)
Simulate rates from the range of estimated annual rates of return
 Note
Average rate of return of 4.83% p.a. based on historical performance of MSCI ACWI (60%) and Barclays Global Bond Index (40%) from year 2013-2018
Unable to show your retirement goal result.
There seems to be an invalid information,
Click here to correct the error.
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
Edit your assets
Show how this could help
Check out the options we crafted
 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 indicate any analysis of your financial position, investment objectives or individual needs and should not be construed as advice for your financial planning.
  2. *Inflation Rate: The inflation rate is based on a 5-year average of Malaysia CPI (Consumer Price Index), 2014-2018 (Source: WEO (World Economic Outlook Database April 2019), updated as at April 2019).
  3. Goal amount: This is the estimated amount required 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 the 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 and additional value of savings/investment set aside for this goal using the respective return rate.
Achieving your retirement goals can be complicated, we are here to assist.
Request a call from us for a thorough review of your life goals
Investing can be complicated. Let us get in touch with you to help you get closer to your Life Goals.
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Terms of use and conditions apply. Please refer to the full terms and disclaimers of the OCBC Life Goal Calculators at www.ocbc.com.my/lifegoals/terms

DISCLAIMER
The Retirement Goal Calculator does not analyse your financial position, investment objectives or individual needs in coming up with the results. You shall not rely on the Retirement Goal Calculator or on product recommendations by OCBC Bank officers to make any investment or financial decisions. Product recommendations must be independently evaluated before you take into account your investment objectives, financial position and individual needs. The Retirement Goal Calculator and any product recommendation by OCBC Bank officers must not be regarded as financial planning or financial advice.