OCBC Children's Education and Retirement Planner | OCBC Singapore
Children's education planner
Retirement Planner
v1

Plan

Children's education
Retirement

Select your gender

What is your age?

At what age do you want to retire?

The current minimum retirement age is 62 under the Retirement and Re-employment Act


When do you want to retire?

The current retirement age is 62 years, according to the minimum retirement age under the Retirement and Re-employment Act.
How much will you need to retire comfortably?
Let's begin by estimating your monthly cashflow at retirement
Start
My
is
years old
She is a
She wants to pursue her studies in
Singapore
Tuition fees in Year 2036
51,202 SGD
Today
41,000 SGD
Australia
Tuition fees in Year 2036
365,342 SGD
Today
174,000 SGD
United Kingdom
Tuition fees in Year 2036
765,847 SGD
Today
206,000 SGD
USA (Private)
Tuition fees in Year 2036
881,271 SGD
Today
434,000 SGD
USA (State)
Tuition fees in Year 2036
686,451 SGD
Today
340,000 SGD
Canada
Tuition fees in Year 2036
310,788 SGD
Today
186,000 SGD
New Zealand
Tuition fees in Year 2036
237,802 SGD
Today
146,000 SGD

Congrats! You would have sufficient cashflow to meet
your retirement needs

Based on your selection,
You will need
SGD 1,041,600
for .
You may have set aside savings and investments for your retirement
Add
How these numbers are calculated

Congrats! You would have sufficient cashflow to meet
your retirement needs

After adding your savings and investments for retirement
You have a shortfall of
.
How these numbers are calculated
Try our Simulator to see how
you can reduce your shortfall.
Start

Choose your investment approach

Grow your money slowly but surely.
More details
Range of return:
0
+2.5%
With a 95% probability based on forecasted performance
Products involved:
  • Endowment
Take a balanced approach in growing your money.
More details
Range of return:
0
+19.4%
-8.0%
With a 95% probability based on forecasted performance
Products involved:
  • Endowment and Unit Trust
Aim for higher returns, but take more risk.
More details
Range of return:
0
+29.5%
-14.4%
With a 95% probability based on forecasted performance
Products involved:
  • Unit Trust

Decide on a simulation amount in SGD

For purpose of this simulation, this amount will be assumed to be invested into a portfolio at a growth rate of 5%

Lump sum amount
Regular amount
/ mth

Choose a Unit Trust Portfolio

Balanced Portfolio
Range of return:
0
+15.9%
-7.2%
With a 95% probability based on forecasted performance
Growth Portfolio
Range of return:
0
+29.5%
-14.5%
With a 95% probability based on forecasted performance
Based on this simulation,
Your shortfall could be reduced to
.
How these numbers are calculated

You have seen the simulation of how an amount that you set aside
can help you reduce your gap.

If you are ready to build your goal, our staff can help conduct a financial needs analysis and recommend you suitable products.

Enter product details to display revised projection

Unit Trust

Goal UT account number
Fund name Benchmark's growth rate Invested amount Type
Add fund

Endowment

Name Premium amount Type
-
-

Protection product

Customer details

Name
Phone number
Email address
NRIC / Passport no.
Country of issue

Staff details

Staff ID
Disclaimer

Congratulations on taking the first step!

We will contact you one year from now to review your goal.
Print your plan
Your retirement plan
Retirement age
years old
Life expectancy age
years old

Expected monthly expenses at retirement

Category Amount
Food SGD / mth
Utilities SGD / mth
Travel SGD
/ mth
Others SGD / mth
Total expenses SGD / mth

Expected monthly income at retirement

Category Amount
Rental income SGD / mth
Allowance SGD / mth
Payout from existing SGD / mth
Others SGD / mth
Total income SGD / mth
Net proceeds from sale of property
SGD
Citizenship of child
Degree type
Country of study
Tuition fees in

Purchased lump sum UT

Name Market value (SGD) Growth rate

Purchased regular UT

Name Investment amount (SGD) Growth rate

Purchased lump sum endowments

Name Premium amount Years paid

Purchased regular endowments

Name Premium amount Years paid Years to go
Back
Simulate a new investment to reduce your shortfall
Address your shortfall
Review completed

Thank you for reviewing your goal!

We will contact you one year from now to review your goal again.
Print your current plan

You have seen how a potential investment could reduce your shortfall

Save and download your plan

If you would like to keep a copy of the plan you made, please provide your details to us.

Speak to us

If you would like to continue this conversation, leave us your contact details and our staff will reach out to you

Explore more

View some solutions that may help you reduce your gap. These include our Unit Trust model portfolio and Endowment plan