Use the new CPF Planner to set your retirement income goal and work towards it. Read more at straitstimes.com.
What is your idea of a happy retirement? When you look ahead to your golden years, do you see yourself living a worry-free and passion-filled, purposeful life?
For executive Vivien Miranda, 34, doing some calculations on the planner gave him the assurance that he was on the right track. He says: “By playing around with the cash top-up and other simulation options, I was able to envision many different scenarios of what my retirement position could look like.
It takes about 15 minutes to complete and is simple to use. Ms Angel Zheng, 39, an administrative officer, says: “It’s easy to understand and the graphics are very helpful.” Mr Yip, who plans to volunteer more during retirement, explains: “It helps to visualise how much more money you need for the retirement you want. To me, that’s motivation to contribute more towards proper retirement planning with CPF and other financial instruments.”
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