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.

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.
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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
How much would I need to retire  
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Edit retirement plan
 How was this calculated?
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  • When you retire in 0 years time, based on inflation of 2.42%*, your future monthly expenses will likely be RM 0.
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 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.
 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/-i) 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 profit rate.
 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 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/-i) 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 profit rate.
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 Al-Amin 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 Al-Amin officers must not be regarded as financial planning or financial advice.