Your wealth implementation plan indicates a solid trajectory towards your retirement goal of SGD 1,561,402 by age 65. However, with no initial investments or external investments currently in place, achieving your target will require consistent monthly contributions of approximately SGD 2,383. While the projected accumulated wealth shows a positive growth trend, it is essential to consider how to fund these contributions effectively.

• The absence of initial investments or external investments means that your plan heavily relies on your ability to make consistent monthly contributions. This could be a challenge if your cash flow is limited.
• The projected return rate of 4% is a conservative estimate, which is generally prudent. However, it is important to ensure that this aligns with your risk tolerance and investment strategy, especially as you approach retirement.
• With a retirement age set at 65, you have a 30-year investment horizon, which is beneficial for compounding growth. However, it is crucial to regularly review your plan to adapt to any changes in your financial situation or market conditions.

• Consider reviewing your current cash flow and expenses to identify how you can consistently fund the required monthly contributions of SGD 2,383.
• Explore potential investment options that align with your risk tolerance and financial goals to maximize your growth potential over the next 30 years.
• Schedule a meeting with your Endowus Client Advisor to discuss your retirement plan in detail, including any adjustments needed to meet your target and to explore strategies for building your initial investment base.