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Raymond
31 Aug 2020
Writer at GEEK.SG
Hey Shao Wei,
This is really good question. Glad that you are thinking about your retirement at an early age. It is in fact very hard to calculate because it is not watching a fixed sum of money grow from 20s to 60s. I've done up a calculator where you can input what you have and your income to project the the CPF balances up to 55.
(You kinda need to project the value from there until I've add the new features in)
But from the inital figures if you are born in 2000 and drawing a $2000 salary and empty CPF balance it will look like this:

You may try it out at https://geek.sg/tools/cpf-forecast/βββ
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You can use online calculator like this to calculate the present value required.
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