As part of Bank Negara Malaysia’s (BNM) ongoing efforts to ensure that all Insurance and Takaful industry players uphold their commitments and deliver services as outlined in their Customer Service Charter (CSC), both BNM and the Boards and Management Committees of the Associations (MTA/LIAM/PIAM) have approved the appointment of NielsenIQ Malaysia as the research agency to conduct the Customer Satisfaction Survey (CSS) 2024/25. Please visit our Announcement page for more information. 

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Plan your retirement with us

Find out how much you need for your desired retirement with our Retirement Calculator.

Your details

Male
Female

How old are you?

18
70
Current age cannot be too close to your retirement age.
0

At what age do you plan to retire?

18
70
Would you like to retire at a younger age?
0

How many years of income do you require during
retirement?

Based on the data from the Singapore Department of Statistics, the average life expectancy for a male is 72, and 77 for a female.
Source: Malaysia Department of Statistics
18
99
Retirement age cannot be too close to life expectancy.
0
0

What is your desired retirement lifestyle?

The desired retirement lifestyle is based on your monthly expenses.
Source: OCBC Financial Wellness Index 2020
Modest
RM2,000
Comfortable
RM4,000
Premier
RM8,000
Your future expenses (at current value)
per month
Your future expenses (at current value)
per month
Your savings set aside when you retire (at current value)
Your savings set aside when you retire (at current value)
per month
Calculate Reset calculation

Here are your estimated coverage needs

male-aged
You are a aged
retired-at
You plan to retire at
59
You're planning for
years of retirement
Factoring an annual inflation rate of
%
the future value of your desired monthly income when you reach
is
Based on an investment return of
%,
the amount you need at your desired retirement age is
With an existing provision of
you will face a total shortfall of
To maintain your desired retirement lifestyle, you will need to save
4,860 per month from now Monthly expenses are derived by inflating monthly contributions from current age until the day you want to cash in your savings plan based on the inflation rates you have input into the above calculator.
Reset calculation

How do I start?

The above may sound hard to achieve, but we can help. At Great Eastern Life, we build solutions made to see you reach your goals. Simply contact a Great Eastern Financial Representative now for advice. Or click on the button below to learn more about our selection of relevant plans!

Find out more Find a Financial Representative
Note: The amount calculated for Retirement is an indicative figure for informational purpose only. For the most accurate retirement cost please discuss with your Life Planning Advisor.