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Retirement Calculator

See what your retirement savings could grow to.

Saving

Workplace pension

For EPF, CPF, a 401(k) or similar.

EPF: 13%, or 12% over RM 5,000.

Assumptions

Yearly. EPF has paid about 5 to 6%.

In today’s money.

Result

Savings at 65Example

1,014,217.16

after 30 years

In today’s money
483,520.61
Total you put in
342,090.17
Growth
672,126.99
4% a year gives
3,380.72 a month
3,000.00 a month lasts
15 years, to about age 80
Savings by age
AgePut in so farBalance
3657,200.0060,395.92
3764,544.0071,563.51
3872,034.8883,552.03
3979,675.5896,413.76
4087,469.09110,204.16
4195,418.47124,982.10
42103,526.84140,810.03
43111,797.38157,754.22
44120,233.32175,884.97
45128,837.99195,276.87
46137,614.75216,009.06
47146,567.05238,165.50
48155,698.39261,835.24
49165,012.35287,112.76
50174,512.60314,098.28
51184,202.85342,898.11
52194,086.91373,625.01
53204,168.65406,398.58
54214,452.02441,345.68
55224,941.06478,600.88
56235,639.88518,306.87
57246,552.68560,615.03
58257,683.74605,685.87
59269,037.41653,689.64
60280,618.16704,806.88
61292,430.52759,229.08
62304,479.13817,159.29
63316,768.71878,812.84
64329,304.09944,418.08
65342,090.171,014,217.16

3,000.00 today is about 6,292.70 by age 65. Steady rates; real returns vary. No fees or taxes.

An estimate, not financial advice.

Runs on your device.

Questions

Why show the result in today’s money?

Because prices rise. At 2.5% inflation, 1,000,000 in 30 years buys about what 477,000 buys today. The “today’s money” figure makes the target easier to judge.

What is the 4% rule?

A rule of thumb from US research: withdrawing 4% of savings in the first year of retirement, then the same amount adjusted for inflation, has historically lasted about 30 years. It is a guide, not a guarantee.

Why is my real result likely to differ?

Investments don’t grow at a steady rate: returns vary a lot from year to year, and the order of good and bad years matters. Fees, taxes and pensions aren’t included either.

Is it free? Do I need an account?

It is free to use and there is nothing to sign up for. There are no watermarks and no daily limits.

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