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Retirement planning is the process of setting financial goals and developing a long-term savings and investment strategy to ensure you can maintain your desired lifestyle after leaving the workforce. In the context of retirement planning Singapore, it’s particularly important due to rising living costs, longer life expectancy, and the potential gap between CPF payouts and actual retirement needs. Starting early gives you more control and flexibility in your golden years.

One of the most effective early retirement tips is to begin as early as possible — ideally in your 20s or 30s. This allows your savings and investments more time to grow through the power of compounding. Even if you're starting later, it’s never too late to take action. The key is to establish a disciplined approach to saving, investing wisely, and regularly reviewing your financial goals to stay on track toward your retirement in Singapore.

The best retirement plan Singapore residents can have is one that is diversified and tailored to their personal goals. This typically includes CPF savings, private investments (such as stocks, ETFs, and REITs), insurance, and other passive income streams. Using a platform like moomoo, you can research, track, and invest across global markets — helping you to customize a retirement strategy that fits your needs and time horizon.

The CPF retirement plan is a foundational part of Singapore’s social security system. As you work, contributions to your CPF account help build up savings in your Ordinary, Special, and MediSave accounts. Once you reach 55, these are consolidated into your Retirement Account, which funds your monthly payouts from CPF LIFE starting from age 65. While it offers a safety net, CPF alone might not be sufficient for a comfortable retirement — so it’s important to explore supplementary investment options.
 

Moomoo is designed to empower investors at every stage of their journey — including retirement planning. With real-time data, analyst reports, and access to global markets, you can build a diversified portfolio suited for long-term growth. Whether you're investing in dividend-paying stocks, ETFs for stable returns, or REITs for passive income, moomoo offers the tools and insights to make smarter financial decisions that support your retirement goals in Singapore.

As of 2025, the official retirement age in Singapore is 63, while the re-employment age is 68. This means that employers are not allowed to require employees to retire before the age of 63, and must offer eligible employees the option of re-employment up to the age of 68. The Singapore government has also announced plans to gradually raise the retirement age to 65 and the re-employment age to 70 by around 2030.

Yes, early retirement in Singapore may be achievable — but it requires careful planning, disciplined saving, and smart investing. Some essential early retirement tips include starting early, cutting unnecessary expenses, automating savings, investing for growth, and avoiding high-interest debt. Leveraging tools like moomoo can help you identify investment opportunities and track your progress toward financial independence.
 

The amount you need depends on your desired lifestyle, healthcare needs, and inflation. On average, many Singaporeans aim for between S$1,200 to S$3,000 per month during retirement. When retirement planning in Singapore, it's important to forecast your expenses, account for medical costs, and estimate how much your CPF LIFE payouts will contribute. From there, you can calculate how much more you need to accumulate through personal investments.
You can use the CPF Board's CPF Planner to estimate your retirement needs. The CPF Planner provides personalised results based on your income, expenses, and desired retirement lifestyle. You can also track your progress towards your retirement goals and explore different scenarios. You can even simulate cash top-ups or CPF transfers to see how they impact your retirement income.

In general, a sound retirement plan in Singapore will include one’s CPF Retirement Account that forms the anchor of your retirement portfolio.
Outside of your RA, you can consider a mix of income-generating assets like dividend stocks, REITs, government bonds, and ETFs. Diversification helps manage risk while providing stable returns. Moomoo offers access to these instruments with advanced tools for research and monitoring, making it easier to construct a resilient and personalized retirement portfolio.