Find out how you can realise your
dream with UOB
Select the dream you are saving for
My plan to stop working
Fulfill my child’s potential
Did you know?
Only 11% of Singaporeans can afford to retire comfortably.
Did you know?
Only 11% of Singaporeans can afford to retire comfortably.
Did you know?
49% of parents wished they had planned and saved earlier for their child's education
Did you know?
49% of parents wished they had planned and saved earlier for their child's education
Did you know?
You need to pay 5% in cash when you purchase a private property. That’s S$50,000 for a S$1 million purchase price.
http://www.moneysense.gov.sg/Life-Events/Buying-a-Home.aspx, accurate as at May 2015.
Did you know?
You need to pay 5% in cash when you purchase a private property. That’s S$50,000 for a S$1 million purchase price.
http://www.moneysense.gov.sg/Life-Events/Buying-a-Home.aspx, accurate as at May 2015.
Did you know?
90% of young Singaporeans feel they are not financially ready for the future
Did you know?
90% of young Singaporeans feel they are not financially ready for the future
Select the big ticket item you're saving for
House
Car
Wedding
Entrepreneur
You think you will need each month after you retire
How much have you set aside?
How much have you set aside monthly?
How much can you increase this monthly savings (yearly)?
Did you know†?
74% of Singaporeans rank generating regular investment income as their top financial goal.
†Blackrock Investor Pulse Survey, July/August 2014.
Did you know?
Investing a lump sum of S$50,000 for 10 years gives almost the same results as investing S$500 per month for 10 years.
The results take into consideration the assumption of a 2% inflation rate and 5% rate of return, over the 10 years.
You think you will need each month after you retire
How many years will you save?
How many years will this
income last you when you stop working?
income last you when you stop working?
†This calculator is intended to be used for illustrative purposes only. The results are calculated based on your provided information and shall not be regarded as an estimation, advice or recommendation by the Bank. You should not rely on this report to make any investment decision and you shall seek advice from a financial adviser before making a commitment to purchase any product for your retirement purposes. The Bank shall not be liable for any error and/or loss suffered arising from or in connection with any use or reliance on this calculator.
You think you will need each month after you retire
Rate of
return
return
5%
Rate of return
Inflation rate used+
Lump sum amount
Initial monthly contribution
Incremental monthly contribution per year
This will be done over this no. of year(s)
Lump sum amount
Initial monthly
contribution
contribution
Incremental monthly
contribution per year
contribution per year
This will be done over
this no. of (years)
this no. of (years)
Inflation rate used+
By doing this, you will be able to save
this amount
this amount
S$155,958.34
What you have put in
S$134,000.00
Your potential gain
S$21,958.34
How much you will have every month after your retirement:
S$1,299.00
+Source: Statistic Singapore: Average inflation rate of 2% is calculated from inflation rates
(exclude housing and private road transport), over the last 5 years (2010 – 2014). Accurate as of Feb 2015.