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How accurate are the Retirement Calculators - like DBS NAV Planner and CPF Retirement Calculators?
Seeing quite a few retirement calculators coming up - DBS Nav Panner and also CPF Retirement Calculator - they give quite different answers just for CPF alone too... actually what exactly are the factors they are using?
CPF -
https://www.cpf.gov.sg/member/tools-and-service...
DBS Nav Planner -
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I feel they are just a guide so that you have a target.
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They do have some assumptions made which is probably different across the different calculators. but since there are assumptions, you should probably just use it as a guide.