Retirement Savings+CPF Life Online Calculator

Retirement Savings + CPF Life (+ Inflation + Bequest) Online Calculator Contact: make-money-secrets.blogspot.com Description: An online calculator that calculates how much you need to have (/save) before you can retire at your desired living expenses per month (during retirement period). This calculator allows you to include CPF Life's (or other annuity's) payout that you receive, inflation effects, and also specify the bequest amount (i.e. amount you want to leave to your heirs).

Description Data Entry Amount you would like to withdraw each month in retirement ($): Annual Interest Rate you expect to earn on your savings (eg key in "3" for 3%): Age you would like to retire (Years Old): Amount you want to leave to your heirs (bequest) ($): Annual living Inflation Rate you expect (eg key in "2" for 2%): CPF Life Payout Amount per mth ($): CPF Life Payout starting Age (Years Old): Age you expect to live until (Years Old): Other than decimal points, do not enter any other non-numeric characters (commas, dollar signs, etc.) in the entry (yellow-shaded) boxes. This is how much you need to have saved by the time you retire (before inflation) ($): Calc. This is how much you need to have saved by the time you retire (inflation-adjusted) ($): Calc.

Instructions: Use this calculator to compute how much you would need to have (/save) in order to withdraw a specified amount every month over the course of your retirement period. This Calculator allows you to include CPF Life's (or other annuity's) payout and also effects of inflation (to your cost of living), as well as to specify the bequest amount (i.e. amount you want to leave to your heirs) into your calculation.

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