This calculator helps you to calculate how much you need to save on a lump sum/yearly/monthly basis to achieve your dream of having a comfortable retirement.

Just input the relevant information and press the key.

For example:

You wish to retire at age 55. You are currently earning RM60,000 p.a. and expect to receive 5% increment every year. Your current annual expenses is RM48,000 with an inflation rate of 6%. You have RM30,000 which can give you a 5% interest and RM100,000 in EPF yielding a rate of return of 6%. Your total contribution to EPF is 23%. When you retire, you will put your money in Fixed Deposit (FD) to generate your retirement income and you expect the long term FD rate to be 5%.

You need to save RM1,664 each month on the expectation that your investment will generate a rate of return of 10%.

To start, please press the  key.

Step 1: Your Current Financial Situation
Current age:
Estimated retirement age:
Current yearly income:
Estimated salary increment rate:			%
Current annual expenses (i.e. cost of living):
Estimated inflation rate:			%
Current lump sum available in EPF, yielding (%)		:
Your contribution rate to EPF:			%
Your employer's contribution rate to EPF:			%
Current savings available (Savings, FD & other investments), yielding (%)		:
Estimated rate of return on retirement income:			%
Step 2: Your Financial Situation at Retirement
Future value of EPF:
Future value of current savings available:
Total savings at retirement:
Capital needed to generate annual expenses at retirement:
Shortage of retirement fund:
Step 3: Your Solution
Your estimated investment return (%):
Option A:		Lump sum investment required:
Option B:		Yearly investment required:
Option C:		Monthly investment required:
NOTE: The accuracy of this calculator and its applicability to your circumstances is not guaranteed. You are advised to obtain personal advice from qualified professionals.
To find out your risk tolerance and suitability of various funds to meet your needs, please click on the following button:

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