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Standard Chartered Singapore

Can you preserve your current lifestyle when you retire?

Find out how much you need through our retirement calculator.

Tell us a bit about yourself

Current Age
Desired Age of Retirement
Till what age should your retirement funds last
Current monthly expenses
Expected monthly expenses at the age of retirement (as a multiple of current)
Step 1 of 2

How much are you setting aside for your retirement?

Value of existing investment corpus
What is the corpus you want at your retirement age
Current Rate of return on investments
%
Rate of inflation
%
Rate of return on your corpus after you retire
%
Step 2 of 2
To reach your desired corpus at the age of retirement, lump sum amount you need to put away now
1,345,920
OR
Monthly amount you need to invest from now till you retire
10,900
The above corpus will last you till the age of
72 years 2 months
To help you meet your expenses comfortably throughout your retired life, you will need a corpus of at least
41,600,295 at retirement

Disclaimer

This page and the calculator are for information and educational purposes and are meant for use only as a reference tool. The simulation from the calculator does not represent actual, past or predicted performance or returns. Applicable taxes and charges if any have not been considered. This page and the calculator have not been prepared for any particular person or class of persons. Please obtain independent financial advice before proceeding to transact on the basis of the above information. The products and services mentioned here may not be suitable for everyone. The value of your investments and the income from them can go down as well as up, and you may not recover the amount of your original investment. In the event that you choose not to seek independent professional advice, you should consider whether the products are suitable for you. Please refer to the relevant offer documents for detailed information. Tax benefits on your investments are as applicable under relevant provisions of the Income Tax Act, 1961. The tax laws are subject to amendments from time to time. Please consult your tax advisor for details, before acting on the above.

Standard Chartered Bank, India having its principal place of business at Crescenzo Building C-38/C-39 G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 is a licensed Corporate Agent of ICICI Prudential Life Insurance Company Limited (IRDAI Reg No. 105) for life insurance products vide corporate agent number CA0028. The insurance products are underwritten by the insurance company. Participation of Standard Chartered Bank clients in any insurance scheme is purely voluntary and is not linked to the availment of any other banking products or services from the Bank. The benefits/features of the products wherever mentioned are indicative only. For more details on risk factors and terms and conditions, please read sales brochure carefully before concluding sale. Insurance is the subject matter of solicitation.

BEWARE OF SPURIOUS / FRAUD PHONE CALLS

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.