Retirement gap

Numbers are shown in today's Singapore dollars—so you can compare them to your Monthly Income today. Rising prices are handled by contrasting your Inflation (annual) with your Returns on savings (annual, nominal) before we compound month by month.

We use Birth year and I want to retire by age to count how many years you can invest. Age uses January 1 of your birth year vs today—you are about 46 yrs old with 19 yrs to go in this picture.

Each active month until retirement, Setting Aside (S$ 4,000 · 50% of my Monthly Income) is what you tuck into investments from your Monthly Income. Savings grow between deposits; payments are modeled at month-end.

The balance at retirement is Portfolio at retirement (real). For paycheck math we skim 4% off that pile each calendar year—the same headline rate as Returns on savings (annual, nominal)—and spread it evenly each month. That flow is What this savings path supports (… per month).

Portfolio at retirement (needed) is the nest egg implied by your steady Ideal monthly retirement income cheque when you skim 4% of the pile yearly and split it month by month—that rate is mirrored from Returns on savings in this workbook.

The gap (per month) is Ideal lifestyle minus What this savings path supports (positive when Ideal lifestyle runs higher than What this savings path supports; negative means you beat the benchmark in this sketch). Income tax, SRS, housing, detailed CPF, fees, legacy goals—those are not modeled here beyond what you dial in above.