Retirement Plans.

Last week, my evil boss email me an excel to compute how much $ i need for retirement.
This is base on plans of how much $$ i wanna receive every month as of today dollar, considering an inflation of 2.3%.

Crappy Enough, to retire at age 60 and die at 90, receiving $5,000 of today's dollar each month, i need $5,528,578 by the time i retire.
Abit different from the CPF Website guide. =P

CPF Retirement Estimator

CPF Retirement Calculator

CPF Retirement Interactive Calculator

I have been playing with the 1st 2 since i started working and the last one recently.
In case of a low return on investment, i tend to keep that on the lower % and an inflation of at least 2.5%

Seems like the number did not stay too far away from SGD$5m either.

I have a retirement portfolio that i have for quite a while but it was not in good numbers due to the $$ spend on the house & wedding. Especially if you consider that we did not get any money-help from our parents, and all we receive are gifts to our new house (like fridge, TV etc).

Finally now everything is stable and i shall work harder to build up this Portfolio! =D

Only my dear friends who asked will know how i do up my Portfolio. =)