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12 Apr 2024


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Retirement is a major milestone in life. It marks the end of your working years, and the start of a period of relaxation where you can not only kick back and not worry about deadlines, but also engage in the pastimes you’ve been too busy to try out up till now.


When it comes to retirement planning, there are quite a few factors to consider. It involves the process of setting financial goals and creating a plan to achieve goals. Retirement expenses do not come with fixed ‘costs’. How much retirement payouts you will need depends on your desired retirement lifestyle, your own spending habits and some projection on your end to account for variables like inflation. To help make it easier to plan for your retirement, here are three handy CPF calculator and resources that you might find useful:

1) e-Cashier

You want to make topping up your Ordinary Account (OA), Special Account (SA) and / or MediSave Account(MA) a habit as it is important to grow your savings for future retirement and healthcare expenses. You would naturally wish to find the most convenient and fastest  way to go about completing the task. The CPF e-Cashier  is one tool that can help you with topping up your CPF accounts in just a few steps with the following benefits:

  • It’s easy and convenient
  • It has fast processing time
  • It offers secure and seamless transactions

As for what the e-Cashier can help you with specifically, the functions are as follows:

  1. Pay Home Protection Scheme (HPS) Premium shortfall
  2. Make a contribution to your three CPF accounts
  3. Contribute to your MediSave Account (MA) or another recipient’s MA
  4. Repay your Education Loan

If you are self-employed, the e-Cashier offers the following:

  1. Contribute to your three CPF accounts
  2. Contribute to your MA
  3. Pay Composition Offer for Self-Employed

If any of these appeal to you, give the e-Cashier a try!


2) CPF planner – retirement income

Having a clear idea of how your retirement will look like can help you understand if you’re currently on track to living your desired retirement lifestyle, or more top-ups are needed. The CPF planner - retirement income is a tool that assists you in setting your goal for retirement and visualise how your CPF can help you meet your goal. Think of it as a CPF calculator that helps you chart your own retirement planning journey!


The planner does this by allowing you to project your CPF payouts given your current financial situation. This planner is designed for salaried employees only, to help you get a better idea of how your earnings can contribute to your retirement planning. However, do keep in mind that while this tool can help you project ahead, it’s ultimately up to you to take the steps necessary to accomplishing your goals!

3) The CPF Mobile app

Do you want a convenient access to your CPF accounts while you are on the go? Are you also looking at making CPF transactions from the comfort of your home? You have the option to do this with the CPF Mobile app on your phone. Simply turn on the privacy mode for added privacy while using the app in public spaces.


With the CPF Mobile app, you’ll have quick access to your CPF statement and services to manage your CPF. Using your Singpass, you can access the following information and services:

  • Dashboard
  • Healthcare
  • Housing
  • Investment
  • Transaction history

You will also be able to perform selected transactions such as the Retirement Sum Topping-Up Scheme (RSTU) and the Voluntary Housing Refund (VHR), using payment modes such as PayNow QR.


The various CPF calculator and resources available help streamline the process of retirement planning. By making good use of them, you’ll be able to properly chart out your path towards your desired retirement lifestyle with ease and a peace of mind knowing that your information and transactions are secure.

The information provided in this article is accurate as of the date of publication.