Financial Calculator For Retirement Planning | OCBC Malaysia

Retirement goal calculator

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

Step 1 of 4: Understand

Your retirement plan

Understanding your retirement
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 do you expect to spend when you retire?
Monthly expenses
Such as food, utilities and transport
This input field must not be empty.
Yearly one-time expenses
Such as holiday trips, devices & home upgrades
This input field must not be empty.
Unable to show your retirement goal result.
There seems to be an invalid information,
Click here to correct the error.
When you retire in 0 years time,

You will need to set aside RM0

Age 0
Retirement
Age 0
Today
Age 0
Life
expectency
How much would I need to retire
Continue
Continue
Edit retirement plan
 How was this calculated?
Close
  • When you retire in 32 years time, based on inflation of 2.42%*, 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.
Step 2 of 4: Evaluate

What you have today

Assets set aside for 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
Sales proceed less 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 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
Employee and employer contribution
Current balance
Monthly contribution
Total amount from employee & employer contributions
Unable to show your retirement goal result. Please enter your answer above to proceed.
Unable to show your retirement goal result.
There seems to be an invalid information,
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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
Your current assets
RM0
Your retirement goal
RM0
Projected value of assets
RM0
Estimated investment returns
RM0
Surplus
RM0
Shortfall
RM0
Age 0
Today
Age 0
Retirement
Show if I am ready to retire
Continue
Continue
Edit what I have today
 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 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.
  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.
Step 3 of 4: Choose

Investment approach(es) that best suits you
Choose ONE or BOTH approaches
In a disciplined manner
You prefer products such as endowment plan to help you grow your investment in a disciplined manner.
Estimated rate of return ranges from
2.0% p.a. to 6.0% p.a.
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
Tell us your preference
Complete the selections below
OR
OR
OR
Monthly investment amount
Simulate rates from the range estimated annual rate of return
+2.0% p.a.
+4.43% p.a.
+6.0% p.a.
Note : Average rate of return of 4.43% p.a. is based on a limited pay universal life endowment plan with 13 years policy term.
Return to top for this approach
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.
Estimated rate of return ranges from
-0.44% p.a. to 9.41% p.a.
Source
Tell us your preference
You would like to invest in…
Select up to 3 choices
Complete the selections below
OR
Lump sum investment amount
Simulate rates from the range estimated annual rate of return
-0.44% p.a.
+4.83% p.a.
+9.41% p.a.
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
Monthly Investment Amount
Simulate rates from the range estimated annual rate of return
-0.44% p.a.
+4.83% p.a.
+9.41% p.a.
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
Return to top for this approach
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
Your current assets
RM0
Your retirement goal
RM0
Projected value of assets
RM0
Estimated investment returns
RM0
Surplus
RM0
Shortfall
RM0
Age 0
Today
Age 0
Retirement
How would my choices help me
Continue
Continue
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 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 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.
Step 4 of 4: Action

We have crafted options for your consideration based on your preferred investment approach.

Options for
disciplined manner approach
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

Plan B
Policy Terms
Pay 0 years for
0 years coverage during retirement
Capital Guaranteed/ Guaranteed Returns

Guaranteed Cash Payout

Guaranteed Death & TPD Benefit

Guaranteed Insurance

Unable to show your disciplined manner approach.
There seems to be an invalid information,
Click here to correct the error.
* Endowment is a medium term investment and it is not suitable for your goal's timeline
* If policy term is longer than Max Tenure, then display message: This is the shortest policy term available and may not meet your goal's timeline
Options for
optimize returns approach
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
Portfolio B
This portfolio aims to reach higher return.
Top Sectors
Region
Risk Tolerance
Unable to show your optimize returns approach.
There seems to be an invalid information,
Click here to correct the error.
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.
Put the investment approach into action
Let us help you with any enquiries you may have
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Provide us your NRIC for us to verify your identity during our meet up so we can retrieve this report. This report would help us understand your retirement needs and investment approach.





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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.

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