Your retirement plan is structured to provide a monthly income of SGD 1,000 for 21 years starting at age 65, requiring a target retirement sum of approximately SGD 390,350. Based on your current contributions and projected growth, you are on track to meet this target, although the plan anticipates a very tight budget with minimal funds remaining at the end of your expected life span.

• Your plan assumes a consistent pre-retirement and post-retirement return rate of 4%, which is a conservative estimate. It may be beneficial to review this assumption periodically to ensure it aligns with market conditions.
• The monthly contribution of approximately SGD 591 is essential to reach your target retirement sum. Consider how this fits into your current budget and whether adjustments are needed to meet this goal.
• The projected inheritance cash flow in 2028 will provide a boost to your financial plan, but ensure that you have a contingency plan in case this does not materialize as expected.
• With a retirement age of 65, you have a 30-year investment horizon, which is a significant period for growth. However, it's important to regularly assess your investment strategy to ensure it remains aligned with your risk tolerance and financial goals.

• Review your monthly budget to ensure that the SGD 591 contribution is feasible and consider ways to increase this amount if possible.
• Schedule a meeting with your Endowus Client Advisor to discuss your investment strategy and ensure it aligns with your retirement goals.
• Keep an eye on inflation and market conditions, and be prepared to adjust your assumptions and contributions as necessary to stay on track for your retirement.