I was playing around with "life goals" portion of the UOB app and to reach say 1 mil in 20 yrs, I'll need to invest 2k/month in their growth portfolio. Has anyone done that before and did it work?

I think these are new features which hasn't been around for 20 years to be honest, the funds too may not even have 20 years of history.

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It's probably just an estimation based on past results of the underlying funds.

This is just an outlook and projection, that are exposed and vulenerable to several market changes. Really depends on when you draw out the money as well.

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No. It is a projected value, and you probably should assume the worse case scenario. I think you are better off diy in your own.