The Home Purchase Planner determines the impact of your home purchase on your future retirement payouts by considering:

 

• your retirement goal – the monthly payout you need at age 65 to support your retirement lifestyle, after factoring in inflation 
• your retirement savings – the amount of CPF savings you are projected to have at age 65, after paying for your property (e.g. downpayment, monthly instalments)

If your retirement savings at age 65 fall short of what is needed to meet your retirement goal after factoring the estimated purchase budget, you should consider buying a lower priced property or boosting your retirement savings by making top-ups or CPF transfers.