Secure Your Future With Flexible Options!

From $50,000 Per Year (For 3 Years), You Get To Enjoy Up To 6.5% Payout Yearly*

Or From $50,000 Per Year (For 3 Years), Enjoy lifelong annuity 3.24% Per Annum*

*Please view terms and condition here

Retirement Gap Calculator

Discover how much your CPF LIFE will cover — and how Calvin's plans can close the gap. Income target is entered in today's dollars; 2% annual inflation is applied to show the true future cost.

Your profile

Birth year 1970

Desired retirement age 65

Desired monthly income (today's dollars) S$5,000

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Inflation impact: today vs retirement day

2% annual inflation — what your target income will cost at retirement

Income target today—

Years until retirement—

Inflation multiplier (2% p.a.)—

Inflation-adjusted target at retirement —

Your retirement income picture (inflation-adjusted)

You need monthly

—

At retirement, in future $

CPF LIFE est.

—

Standard Plan

Monthly gap

—

Needs to be filled

Monthly income breakdown —

How Calvin's plans can close the gap

Option 1 — Dividend plan

Dividend Retirement Plan

—

6% p.a. · non-guaranteed

Annual premium (3 yrs)—

Welcome bonus17%

Fund after bonuses—

Total income / mo—

Still short—

Option 2 — Manulife IncomeGen (II)

Participating Whole Life · 3-Pay

—

3.24% p.a. illustrated · 0.81% guaranteed

Annual premium (3 yrs)—

Total premiums paid—

Payout starts—

Capital preserved from yr 5✓ Yes

Total income / mo—

Still short—

Monthly income comparison (inflation-adjusted)

CPF LIFE Dividend Retirement Plan Manulife IncomeGen (II) Remaining gap

Book a free consultation with Calvin ↗

CPF FRS disclaimer: FRS figures for birth years 1955–1972 are sourced directly from the official CPF Board Full Retirement Sum table (by date of birth). Birth year 1961 has no separate CPF entry and uses the 1960 FRS of S$161,000. FRS figures for birth years 1973–1976 are not yet published by CPF Board — these are projections based on a 3.5% annual increase from the last published figure (S$228,200 for birth year 1972), consistent with the rate of increase applied in recent years. Projected figures are clearly labelled and may differ materially from actual figures when announced. CPF LIFE monthly payout estimates (male, Standard Plan, start age 65) are official CPF Board figures for birth years 1967–1972 only. Payout estimates for all other birth years are calculated on an actuarial basis: FRS grown at 4% p.a. CPF interest for 10 years to age 65, Standard Plan payout ratio ~6.3% p.a. of RA balance at 65. Female members, Escalating Plan holders, and those deferring payouts past age 65 will have materially different figures.

Inflation disclaimer: Monthly income target is expressed in today's dollars (2026). A 2% annual inflation rate is applied over the years from today to the desired retirement year. The 2% rate is based on Singapore's long-run core inflation target and is for illustrative purposes only. Actual inflation may differ. CPF LIFE payouts shown are nominal and not inflation-adjusted. Members on the CPF LIFE Escalating Plan receive payouts increasing at 2% p.a., which partially hedges against inflation.

Product disclaimer: Dividend payout of 6% p.a. is non-guaranteed. Manulife IncomeGen (II) illustrated payout of 3.24% p.a. of total premiums is based on a 4.25% p.a. participating fund return and is non-guaranteed; guaranteed income is 0.81% of total premiums p.a. Figures shown are the nearest available premium tier ($50k, $100k or $150k annual premium) sufficient to cover the gap. Past performance is not indicative of future results. All figures are for illustration purposes and do not constitute financial advice. Please consult a licensed financial adviser before making any financial decisions. Calvin Lim Kian Seng · RNF: CLK300309940 · PromiseLand Financial Advisory Pte Ltd · Licensed by MAS under the Financial Advisers Act. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Plan Illustrations

Explore detailed projections for each plan, then compare them side by side.

Option 1 — Dividend Payout

Option 2 — Annuity

Compare both

Option 1 — Dividend Payout

Pay annually for 3 years. Receive monthly dividend payouts for life. Dividends are 6% p.a. of the fund value each year.

ⓘ Assuming payout rate 6.00% p.a. (Non-Guaranteed)

🎁 17% welcome bonus on 1st year premium

✦ 0.3% p.a. loyalty bonus from yr 11+

❤ Death benefit: 101% of total premiums paid

Annual premium (SGD)

$50,000

Current age

55 years old

Project to age (assuming mortality)

Age 85

Fund & Payout Summary

Welcome bonus (17%)

—

Total premiums paid

—

Fund value end of year 3

—

Year 3 annual dividend (6% p.a.)

—

Year 3 monthly payout

—

❤ Death benefit (101% of premiums paid)

—

Estimated Dividends Collected by Period

Total dividends yr 1–10

—

Total dividends yr 11–20

—

Total dividends yr 21–30

—

Cumulative loyalty bonus (0.3% p.a. of fund, yr 11+ only)
Offsetting the 0.7% gross charge → net 0.4% effective drag

—

Cash Value — Net of Charges & Loyalty Bonus

Cash value end of year 10
2.5% p.a. gross charge, no loyalty bonus yet

—

Cash value end of year 20
0.7% gross charge − 0.3% loyalty = 0.4% net p.a.

—

Cash value end of year 30
0.7% gross charge − 0.3% loyalty = 0.4% net p.a.

—

Cumulative dividends by mortality age

—

Total value at mortality (cum. dividends + death benefit)

—

Cumulative dividends Cash value (declining) Death benefit (101%) Total premiums

Schedule an appointment to discuss Option 1 ↗

* Figures calibrated exactly to Singlife Savvy Invest II product illustration at $50,000/yr premium. Payout rate of 6.00% p.a. is non-guaranteed, based on current dividend yield of PIMCO Income Fund Class E (SGD-H). Admin charge: 2.5% p.a. yrs 1–10; 0.7% p.a. gross from yr 11+. Loyalty bonus of 0.3% p.a. (of account value) credited from yr 11+ onwards, resulting in a net effective drag of 0.4% p.a. after yr 10. Welcome bonus of 17% credited on 1st year premium. Cash value snapshots at yr 10, 20, and 30 are always shown independently of the mortality slider. Upon death, 101% of total premiums paid is returned regardless of remaining cash value. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Option 2 — Manulife IncomeGen (II)

Pay annually for 3 years. Monthly income begins from the 49th monthiversary (~4 years after policy start). Capital is fully preserved from year 5 onwards. Participating whole life plan — payout comprises guaranteed and non-guaranteed components.

🔒 Guaranteed annual income: 0.81% of premium

ⓘ Illustrated total payout: 3.24% p.a. (at 4.25% participating fund return)

❤ Death benefit: Higher of 101% of total premiums paid OR guaranteed surrender value + non-guaranteed claim bonus

Select Annual Premium

$50,000/yr $100,000/yr $150,000/yr $200,000/yr

Total $149,950 · SI $150,100 · $405/mo illustrated

Current age

55 years old

Project to age (assuming mortality)

Age 90

Premium & Payout Summary

Annual premium

—

Total premiums (3 yrs)

—

Payout starts (49th month)

—

Guaranteed monthly income
0.81% of total premium p.a. ÷ 12

—

Illustrated monthly (4.25% p.a. participating fund return)
= 3.24% × total premiums ÷ 12

—

Annual illustrated payout (4.25% p.a. participating fund return)
= 3.24% of total premiums p.a.

—

❤ Death benefit
Higher of 101% total premiums OR sum insured

—

Estimated Payouts Collected by Period (Illustrated at 4.25% p.a.)

Total payout yr 1–10

—

Total payout yr 11–20

—

Total payout yr 21–30

—

Surrender / Cash Value

Surrender value end of year 5
Capital fully preserved from yr 5 onward

—

Surrender value end of year 10
Capital + non-guaranteed surplus bonus

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Surrender value end of year 20
Capital fully preserved throughout

—

Cumulative payout by mortality age

—

Total value at mortality (cum. payout + death benefit)

—

Cumulative payout (illustrated 4.25%) Death benefit Total premiums paid

Schedule an appointment to discuss Option 2 ↗

* Manulife IncomeGen (II) — Participating Whole Life Plan, 3-pay, payout from 49th monthiversary. All figures verified from actual Manulife Policy Illustrations (age 55, male, non-smoker) across four premium tiers ($50k, $100k, $150k, $200k p.a.). Illustrated monthly income at 4.25% p.a. fund return = 3.24% of total premiums p.a. Guaranteed monthly income = 0.81% of sum insured ÷ 12 (~25% of illustrated). Surrender value is partial (~21.2% of total premiums) at year 3; capital fully restored from year 5 (= sum insured). Death benefit = higher of 101% of total premiums or sum insured + non-guaranteed claim bonus. Non-guaranteed benefits depend on Manulife Participating Fund performance (3-yr avg 3.63% p.a.; plan launched 2024, no 5-yr/10-yr history yet). Total Distribution Cost: ~6.05% of total premiums. SDIC protected. This illustration is for indicative purposes only and does not constitute a contract of insurance. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Compare both options

Adjust sliders in each tab, then return here to compare.

Option 1 · 6% p.a. (Non-Guaranteed)

Dividend Payout

Total invested—

Welcome bonus—

Fund value end yr 3—

Year 3 monthly payout—

Payout startsMonth-end, Year 1

Dividends yr 1–10—

Dividends yr 11–20—

Dividends yr 21–30—

Cash value yr 3N/A

Cash value yr 10—

Cash value yr 20—

Cash value yr 30—

Cum. dividends at mortality—

Death benefit (101%)—

Total value at mortality—

Option 2 · 3.24% p.a. illustrated (participating)

Manulife IncomeGen (II)

Annual premium × 3 yrs—

Welcome bonusN/A

Guaranteed monthly income—

Illustrated monthly (4.25%)—

Payout starts—

Payouts yr 1–10—

Payouts yr 11–20—

Payouts yr 21–30—

Surrender value yr 5 (capital restored)—

Surrender value yr 10—

Surrender value yr 20—

Cum. payout at mortality—

Death benefit—

Total value at mortality—

Get a personalised recommendation ↗

Option 1 (Dividend Retirement Plan): dividends and cash value decline as charges erode the fund (2.5% p.a. yrs 1–10; 0.7% gross yr 11+ offset by 0.3% loyalty bonus = 0.4% net); 6% p.a. is non-guaranteed. Option 2 (Manulife IncomeGen II): participating whole life plan; monthly income comprises guaranteed ($101/mo base) and non-guaranteed components. Capital (sum insured $150,100) is restored as surrender value from year 5 onward. Death benefit is the higher of 101% of total premiums or guaranteed surrender value + non-guaranteed claim bonus. Non-guaranteed benefits depend on Manulife Participating Fund performance. Total value at mortality = cumulative payouts + death benefit. Please consult Calvin Lim (RNF: CLK300309940) for a full financial needs analysis. This advertisement has not been reviewed by the Monetary Authority of Singapore.