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Singlife Flexi Retirement II: retire better with steady stream of income

Retirement Planning

The future is yours to shape. With Singlife, it’s never too early or too late to plan your golden years.

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Ready to retire?

To retire with confidence means having the right protection, finances and peace of mind to enjoy the life you want after work.

Curious how prepared we really are? The Singlife Financial Freedom Index sheds light on our readiness: 

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Only 4/10 Singaporeans have started planning towards retirement

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Only 1/3 Singaporeans believe they have enough savings or emergency funds

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Only 4/10 Singaporeans are hitting their monthly savings goal

Plus, most of us don’t realise how much retirement really adds up to:

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Global inflation is at 4.2%, making daily living more costly for everyone¹

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Medical and care costs keep rising. Health coverage is more important than ever²

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CPF Life payouts may not cover all needs; plan ahead for a comfortable retirement³

The retirement gap is the shortfall between the retirement lifestyle you want and the savings you may have. Take charge of your future and close the gap, so you and your loved ones can enjoy life on your terms.

It may seem daunting, but with Singlife by your side, planning ahead has never been easier.

Your Retirement Game Plan

Everyone’s journey is different. Whether you’re just starting or already working it out, this simple 4-step checklist helps you get retirement-ready.

Step 1: Know what you’ll need

Start by estimating the monthly income you’ll need in retirement, from daily essentials to the things you enjoy like travel and hobbies.

  • Include liabilities like mortgages and car financing payments.
  • Include the cost to fund the premiums for your medical, health, critical illness and long-term care insurance plans. 
    https://singlife.com/en/longtermcare

 

Step 2: List out what you’ve got

Take stock of your current resources such as savings, investments and other assets.

  • Include all your holdings, even your property, to get a complete view of your assets.
  • Link each asset to a specific goal to avoid any overlap. 

 

Step 3: Map out and plan how to get there

The earlier you start planning, the more your money can grow. Even small amounts compound over time, steadily growing and adding up to something substantial. This is the Time Value of Money at work.

The easiest way to start is to speak to your Financial Adviser Representative. 

Step 4: Review and monitoring

As your life changes, so should your retirement strategy. Regular reviews keep your protection relevant and effective, so you’re always prepared for what’s next and your investment plan are running on track.

Solutions for Your Retirement Journey

Start with protection

A strong retirement plan benefits from the right protection. The right protection helps you stay prepared for unexpected health and financial challenges.

Singlife Cancer Cover Plus II

A medical plan that offers protection against hefty medical bills from cancer treatments.
Learn more

Singlife CareShield Plus

Get additional payouts for severe disability, receive waiver reliefs even for moderate disability and enjoy flexible payment with MediSave. 
Learn more

Grow your money for the future you want

Make every dollar work harder for your future

With Singlife’s investment solutions, you can build long-term financial security to enjoy more freedom in retirement.

Singlife Flexi Retirement II

An insurance savings plan that gives you yearly cash payouts throughout your lifetime plus potential bonuses.
Learn more

Singlife Savvy Invest II

A whole life, regular premium investment-linked plan that combines investment opportunities and insurance protection.
Learn more

dollarDEX by Singlife

An easy-to-use, digital-first platform that helps you invest confidently.
Learn more

 

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Disclaimers

These policies are underwritten by Singapore Life Ltd.

 

This is published for general information only and does not have regard to the specific investment objectives, financial situation and particular needs of any specific person. You may get a copy of the Product Summary from Singapore Life Ltd. and the participating distributors’ offices. You should read the Product Summary before deciding whether to purchase the product. You may wish to seek advice from a financial adviser representative before making a commitment to purchase the product. If you choose not to seek advice from a financial adviser representative, you should consider whether the product in question is suitable for you.

 

As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premium paid. Buying a health insurance policy that is not suitable for you may impact your ability to finance your future healthcare needs.

You will need to have a basic CareShield Life (CSHL) or ElderShield (ESH) policy before purchasing Singlife CareShield Standard or Singlife CareShield Plus (“Supplements”). Supplements purchased by CSHL policyholders are regulated under the CareShield Life and Long-term Care Act. Supplements purchased by ESH policyholders before the transfer of ESH to Government administration are considered ESH Supplements, which are regulated under the Central Provident Fund (Withdrawals for ElderShield Scheme) Regulations. After the transfer, they are considered CSHL Supplements, regulated under the CareShield Life and Long-term Care Act.

 

Investments in Investment-Linked Plans (ILP) are subject to investment risks including the possible loss of the principal amount invested. The value of the units, and the income accruing to the units, may rise or fall. Past performance of the ILP sub-fund(s) is not necessarily indicative of future performance.

 

This is not a contract of insurance. Full details of the standard terms and conditions of this policy can be found in the relevant policy contract.

This advertisement has not been reviewed by the Monetary Authority of Singapore. Protected up to specified limits by SDIC.

 

1. https://www.imf.org/external/datamapper/PCPIPCH@WEO/OEMDC/ADVEC/WEOWORLD

2. Based on our White Paper, long-term care costs has been increasing by 4% per year. Additionally, according to Willis Towers Watson, medical costs have risen by 10% annually https://www.pirainc.com/post/2025-medical-inflation-rate-projected-to-be-12-as-high-as-in-2024

3. CPF Life monthly payouts range from S$840 – S$3,300, given you have at least S$106,500 – S$420,000 in your Retirement Account, respectively, at age 55 https://www.dbs.com.sg/personal/articles/nav/retirement/what-is-cpf-life

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I’m Interested

We’re glad to know you’re interested in a better way to financial freedom. Leave your details and we will get back to you.

If you’d like to speak to someone, you can call Singlife Financial Advisers at 6827 9980 (Mon – Fri, 9am to 6pm). 

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