Public Goals Centre

When might your first million be reached?

Model when selected, unencumbered cash and investments earmarked for this goal could reach S$1 million under three smooth net-growth assumptions. This public calculation needs no account.

Your starting point

Current eligible balance (S$)

Fixed addition at each month end (S$)

Date of this balance in Singapore

Current age (optional, for approximate age only)We do not ask for your date of birth.

Target (S$; S$1,000,000 by default)

How to express the targetNominal future dollarsToday’s purchasing power

Illustrative annual inflation (%)Editable 2% assumption. Monthly additions remain fixed in nominal dollars.

Review annual net-growth assumptions

0%, 3% and 5% are illustrations after assumed costs. None is recommended or assigned a probability.

Scenario 1 · Effective annual net growth (%)Scenario 2 · Effective annual net growth (%)Scenario 3 · Effective annual net growth (%)

Method and limits

The first addition occurs after one complete model month. Each month multiplies the previous balance by (1 + annual net growth)^(1/12), then adds the fixed amount. We compare the unrounded modeled value with the target in months 0–1,200. In today’s-money mode, the target grows by (1 + inflation)^(months/12). Model dates keep the starting day where possible and use month end in shorter months.

Smooth scenario lines do not model market volatility, fees beyond your net-growth assumption, changing contributions or taxes. This is neither net worth nor retirement adequacy, a guaranteed date or a probability forecast.