In my
previous post, I had demonstrated how to use my Retirement Savings + CPF Life
(+ Inflation + Bequest) Online Calculator for retirement planning, which you
can access it here:
This
retirement planning calculator allows you to compute how much you need to save
(i.e. the retirement amount you need to save) by retirement age in order to be
able to spend a certain amount of money per month (p.m.) during your retirement
period before you are deemed to have achieved financial independent and able to
retire!
Note
that this retirement planning online calculator includes not only CPF Life
payout money but also the effect of inflation and also considering bequest (i.e.
the amount you want to leave to your heirs) into my Retirement Savings online
calculator!
In
this new version of “Retirement Savings + CPF Life (+ Inflation + Bequest) +
How Much to Save p.m.” Online Calculator which you access here:
it is
basically the previous calculator with just additional calculation to tell you
how much you need to save to achieve your goal of reaching the Retirement
Savings goal by your desired retirement age.
The
explanations regarding this online calculator I have already mentioned in my
post. You are free to try out this new version. Hope it will be useful to all
of you!
With
my Retirement Savings + CPF Life (+ Inflation + Bequest) Online Calculator, now
you can plan your own finances independently without needing the help of
financial planners! (Beware of financial planners! – because some are all out
to sell their products rather than to help you plan your finances and advise
you appropriately for your retirement!)
Again,
you can access all the online calculators that I have developed from this web
link URL: