Malaysia Insurance Portal - Retirement Calculator

Disclaimer : The above computation is for illustration purpose only. Your needs may be different from the above.
We are not liable for any misinterpretations and kindly contact your personal financial planner before making
any financial decision. Thank you.

Average lifespan for a Malaysian Male=75 and Female=78.

Your target retirement fund is 981320 before reaching age 55.
You only have 20 years to save. Based on an Investment Return of 6% per annum,
you need to save 22676 per annum or 2223 per month.

Why starting early is important?

Start Age	Retirement Target	Saving Per Year	Saving Per Month
20	981320	8806	733
25	981320	12412	1034
30	981320	17886	1490
35	981320	26676	2223
40	981320	42160	3513
45	981320	74450	6204
50	981320	174082	14506
55	981320	981319	81776

Because time is money, if you are able to leverage on it !
Your monthly saving will be lesser if you start earlier

ANYONE who follow this principle will be able to achieve FINANCIAL INDEPENDENCE
Before RETIREMENT

The fact is everyone will retire one day and we need a substantial amount to retire comfortably.
Chances are only 5% of us will achieve this goal and the rest will suffer because of "Procrastination".
2 major elements that will impact our retirement fund are Interest Rate and Inflation Rate, which we cannot
control. But start early and the regular monthly saving are within our control.

The secrets are START EARLY and BUILD A REGULAR SAVING HABIT

COPYRIGHT 2005 - 2008 www.einsuran.com
MALAYSIA INSURANCE PORTAL

ENDOWNMENT, ANNUITY, WHOLE LIFE, GUARANTEED INCOME PLAN, INVESTMENT LINKED, UNIT LINKED, SINGLE PREMIUM

Is my EPF sufficient ?

Your details	Current Age?		Male Female	Retirement Age?
	CURRENT value	Age 35	INFLATION %	FUTURE value	Retirement Age 55 (20years )	TOTALCOST until Age 75 ( 20 years)
		Yearly cost			Yearly cost
Daily Meal		7300	3.6	40	14600	292000
Monthly Utilities Electricity, Water, Telephone, Home maintenance & etc		3600	3.6	600	7200	144000
Monthly Wellness & Medical assumption that there is no major illness		1200	3.6	200	2400	48000
Monthly expenses Petrol, Car Maintenance, Road tax, Insurance, Pocket Money, Domestic Helper & etc		7200	3.6	600	7200	144000
Yearly Lifestyle Overseas Holiday, Golf, Hobbies & etc or Emergency		5000	3.6	10000	10000	200000
TOTAL		24300			49066	981320
		2025 per month			3450 per month
Copyright © 2008 www.einsuran.com		Terms of Use