D. Use These Retirement Planning Tools To Make Your Planning Easier 1D. Retirement Planning Calculators

1) Aviva Retirement Calculator

The Aviva retirement calculator looks at your lifestyle to determine how much you will require during your retirement. It analyses different aspects of your desired retirement lifestyle like transport, food, clothing and travel to determine the monthly income that you will require to support that lifestyle.

The costs are adapted from the SingStat’s Household Expenditure Survey and the inflation rate is also obtained from the MAS’ Goods & Services Inflation Calculator so the calculated amounts are extremely relevant if you plan to retire in Singapore.

2) CPF Retirement Calculator

One of the most details and comprehensive retirement calculators in our list, the CPF retirement calculator factors in key data points like your expenses, housing loan, anticipated salary increment and CPF investments to determine your retirement nest egg.