Who this is for
Working adults, self-employed persons, homemakers and expatriates in Singapore who want a structured, educational view of retirement readiness.
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Retirement Plan Check Am I enough for retirement?
Answer 8 short steps, about 5 minutes. See how long your money lasts, where the gaps are, and the CPF, saving and investing strategies that close them.
One check uses 100 Insight CoinsAnswer first, then sign up free at the end. Verify your phone and get 200 Insight Coins. Coins are always free.
Your answers stay private to you. This is education, not financial advice.
- Am I enough?See the age your money lasts to, and your gap in dollars.
- Will it survive bad news?8 stress tests: a crash, illness, job loss, long life and more.
- How do I improve?CPF, SRS, saving, investing and home strategies, with their real effect.
Direct answer
What is a Retirement Readiness Score?
A Retirement Readiness Score is an educational self-assessment that turns your income, spending, savings, CPF progress, healthcare preparation and emergency funds into a score out of 100 and an estimated monthly retirement income gap. Hing & Co's free Singapore version uses public CPF Board and MoneySense guidance and is not an official government score.
By Hing & Co · Figures last reviewed 23 July 2026
How it works
Answer 8 short steps (about 5 minutes) on age, spending, work, CPF, savings and investments, other income, your home and health cover. You see how long your money lasts, your gap in dollars, 8 stress tests, the strategies that help you most and a readiness score out of 100.
What the score means
A higher score suggests stronger alignment with publicly referenced Singapore retirement benchmarks across five weighted categories. A lower score highlights gaps worth reviewing. The score is directional and educational only.
Limitations
Results depend on the assumptions you enter. CPF LIFE payouts vary by Retirement Account balance, plan choice and start age. This is not an official MAS or CPF Board score and not personalised financial advice.
Singapore retirement planning guide
Key retirement numbers for Singapore in 2026
The reference figures below are published by CPF Board, MoneySense, MAS and the Ministry of Manpower, and are the same benchmarks used inside the Retirement Readiness Score.
| CPF retirement sum tier (2026) | Amount at 55 | Estimated CPF LIFE payout from 65 |
|---|---|---|
| Basic Retirement Sum (BRS) | S$110,200 | about S$950 / month |
| Full Retirement Sum (FRS) | S$220,400 | about S$1,780 / month |
| Enhanced Retirement Sum (ERS) | S$440,800 | about S$3,440 / month |
BRS vs FRS vs ERS: which CPF retirement sum tier matters?
For CPF members turning 55 in 2026, the Basic Retirement Sum is S$110,200, the Full Retirement Sum is S$220,400 and the Enhanced Retirement Sum is S$440,800, according to CPF Board. Higher tiers generally support higher estimated CPF LIFE monthly payouts from age 65 under the Standard Plan, about S$950, S$1,780 and S$3,440 respectively. Always verify the latest figures on cpf.gov.sg.
How much do you need to retire in Singapore?
MoneySense suggests planning for retirement spending of roughly two-thirds of your last drawn monthly salary, and for savings that can last at least 20 to 30 years. For a last drawn salary of S$6,000 a month, a starting benchmark is about S$4,000 a month of retirement income. The Retirement Readiness Score estimates your own monthly gap from the numbers you enter instead of relying on averages.
What is the retirement age in Singapore in 2026?
From 1 July 2026, the statutory minimum retirement age in Singapore is 64 and the re-employment age is 69, according to the Ministry of Manpower. CPF LIFE monthly payouts can start from age 65, and deferring the start up to age 70 increases the monthly payout by up to about 7 percent for each year deferred, according to CPF Board.
Rules of thumb from the MAS Basic Financial Planning Guide
- Set aside at least 3 to 6 months of expenses as emergency funds before investing for retirement.
- Invest at least 10 percent of your income for retirement and other long-term goals.
- Review your insurance protection so that large healthcare bills do not erode retirement savings; MediShield Life and CareShield Life provide the national baseline.
How to check your retirement readiness in 3 steps
- Answer 8 short steps on age, spending, work, CPF, savings, other income, home and health cover (about 5 minutes).
- See a free preview of your result: your verdict, how many gaps were found and how many stress tests your plan passes.
- Sign up free to unlock the full check: the age your money lasts to, every gap in dollars, strategies with their real effect, and your readiness score out of 100.
How this tool estimates your retirement gap
The Retirement Readiness Score scores readiness out of 100 across five weighted categories: retirement income adequacy (40), savings progress (25), CPF and lifelong income readiness (15), healthcare and insurance preparedness (10), and emergency liquidity (10). Every benchmark is documented on the Sources & References page, with links to CPF Board, MoneySense and the Ministry of Manpower. It is an educational self-assessment by Hing & Co, not an official MAS or CPF Board score, and not financial advice. Review the published sources and methodology to understand the assumptions behind each educational estimate.
Figures last reviewed on 23 July 2026. Always verify the latest numbers with the official source before making decisions.