How does the Home Purchase Planner determine the impact of my home purchase on my future retirement payouts?
The Home Purchase Planner (HPP) determines the impact of your home purchase on your future retirement payouts by considering:
 
  • your retirement goal – the monthly payout you need at age 65 to support your retirement lifestyle, after factoring in inflation 
  • your retirement savings – the amount of CPF savings you are projected to have at age 65, after paying for your property (e.g. downpayment, monthly instalments)
If your retirement savings at age 65 fall short of what is needed to meet your retirement goal after factoring the estimated purchase budget, you should consider:
 
  1. using less CPF savings and more cash to service your monthly instalments where possible
  2. buying a more affordable property
  3. boosting your retirement savings by making cash top-ups or CPF transfers. 

The HPP also allows you to see the impact of using less CPF savings for your monthly housing instalments on your retirement savings.


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