{"id":630999,"date":"2026-10-15T03:46:09","date_gmt":"2026-10-15T03:46:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/630999\/"},"modified":"2026-10-15T03:46:09","modified_gmt":"2026-10-15T03:46:09","slug":"moneyowl-launches-planning-tool-to-gauge-income-sufficiency-in-retirement","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/630999\/","title":{"rendered":"MoneyOwl launches planning tool to gauge income sufficiency in retirement"},"content":{"rendered":"

The planner uses the firm\u2019s \u2018sufficiency, safety and flexibility\u2019 framework<\/p>\n

[SINGAPORE] Financial advisory firm MoneyOwl has rolled out a retirement income planning tool, the OwlRetirement Planner<\/a>, to help Singaporeans assess how ready they are to retire and what gaps need to be addressed.<\/p>\n

The tool brings together assets in Central Provident Fund (CPF) accounts \u2013 the Ordinary Account, Special Account and MediSave \u2013 as well as cash and investments to help users visualise how long their assets can generate income in retirement.<\/p>\n

The planner uses the firm\u2019s \u201csufficiency, safety and flexibility\u201d framework, which redefines retirement adequacy beyond a dollar target.<\/p>\n

The framework\u2019s premise is that reaching a dollar target in retirement savings is only part of the equation. Just as important is to have a plan to ensure that as one begins to draw on the assets for income, it would last as long as possible while still being able to cushion risks and adapt to unexpected needs.<\/p>\n

Chuin Ting Weber, MoneyOwl CEO and chief investment officer, said the firm seeks a holistic approach to the challenge of retirement adequacy. \u201c\u2026 we ask whether income is sufficient throughout life, keeps pace with rising costs and provides the safety and flexibility people need.\u201d<\/p>\n

\u201cThis brings two often-underestimated risks into focus: outliving one\u2019s retirement resources and having too little readily available cash to meet unexpected large expenses.\u201d<\/p>\n

The Business Times turns 50<\/p>\n

Five decades of milestones and moments that shaped Singapore\u2019s success story – told through our headlines.<\/p>\n

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<\/p>\n

The framework puts CPF Life at the foundation of retirement income planning, \u201cbecause it provides dependable lifelong income for essential, non-negotiable expenses\u201d, said Weber.<\/p>\n

Life expectancy in Singapore is among the highest in the world and continues to rise. In 2025, the average life expectancy at birth was age 81.1 for males and 86 for females. Those who reach 65 can expect to live another 21.6 years to 86.6 on average. Among these, 31 per cent of males and 46 per cent of females can expect to live past 90.<\/p>\n

Essential, non-negotiable expenses and resources<\/p>\n

The tool simulates the impact of various financial actions, such as delaying retirement and the payout age of CPF Life, as well as investment rates of return.<\/p>\n

Weber said that for essential, non-negotiable expenses, which include payment of health insurance premiums, \u201csufficiency and safety come first\u201d.<\/p>\n

\u201cWe then consider how other resources can support additional lifestyle spending, while keeping funds accessible for unexpected needs. A resilient retirement plan sets clear priorities and matches resources to needs, bringing sufficiency, safety and flexibility together.\u201d<\/p>\n

She said the tool aims to give Singaporeans \u201cthe clarity and confidence to weigh these trade-offs and make informed choices to strengthen their retirement security\u201d.<\/p>\n

The tool\u2019s key features include a consolidated view of CPF balances, cash savings and investments at the desired retirement age and projections of retirement income and a drawdown plan. It generates a score according to the three dimensions of sufficiency, safety and flexibility.<\/p>\n

The tool will be incorporated into MoneyOwl\u2019s retirement planning workshops for companies and individuals.<\/p>\n

The OwlRetirement Planner is free and available at https:\/\/www.moneyowl.com.sg\/tools-calculators\/owlretirement-planner.<\/p>\n","protected":false},"excerpt":{"rendered":"The planner uses the firm\u2019s \u2018sufficiency, safety and flexibility\u2019 framework [SINGAPORE] Financial advisory firm MoneyOwl has rolled out…\n","protected":false},"author":2,"featured_media":631000,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,309306,246,3899,111,139,69,244,245,294],"class_list":["post-630999","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-cpf-life","tag-finance","tag-financial-planning","tag-new-zealand","tag-newzealand","tag-nz","tag-personal-finance","tag-personalfinance","tag-retirement"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/630999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=630999"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/630999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/631000"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=630999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=630999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=630999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}