RSP Calculator Singapore 2026
Project the final value of your Regular Savings Plan — free calculator with real-time SGD results and a year-by-year growth chart.
RSP Inputs
Portfolio Growth Over Time
Understanding RSPs for Singapore Investors
A Regular Savings Plan (RSP) is one of the most accessible investment strategies available to Singapore retail investors. By committing a fixed monthly amount — often as little as S$50 — you buy units in an ETF or unit trust regardless of whether markets are up or down. This automatic purchase pattern is the foundation of what investors call dollar-cost averaging (DCA), and it is particularly well-suited to Singapore’s busy working population who prefer set-and-forget investing over active stock-picking. As at Q3 2026, RSP platforms available in Singapore include POSB Invest-Saver, Syfe Brokerage RSP, StashAway Simple Plus, and FSMOne’s Fund Management Account, each with slightly different fee structures and fund selections. The Monetary Authority of Singapore (MAS) classifies most RSP funds and ETFs as Specified Investment Products (SIPs) — understanding this classification helps you know which products require a customer knowledge assessment before you can invest.
Not financial advice. All figures are for educational reference only. Projections assume a constant rate of return which will differ from real-world outcomes. Data as at Q3 2026 unless noted.
Why Consistency Beats Timing
The maths of compound growth rewards investors who stay consistent over those who try to time markets. Even a modest S$300/month invested at a 7% annual return over 20 years grows to roughly S$195,000 — more than double the S$72,000 contributed. The extra S$123,000 comes entirely from compounding: your returns generating their own returns. This effect accelerates in later years, which is why starting an RSP early — even with a small monthly amount — beats starting late with a larger one in most scenarios. Use the calculator above to compare different starting ages and contribution amounts in real SGD figures.
Choosing Your Expected Return Rate
The return rate you enter in this RSP calculator matters enormously over long periods. As a rough Singapore-context benchmark: CPF Ordinary Account earns 2.5% per annum (floored); Singapore Savings Bonds currently yield around 3.0–3.3% p.a. (as at Sep 2026); the SPDR STI ETF has delivered approximately 5–6% annualised over the past decade including dividends; and the iShares MSCI World ETF (IWDA) or Vanguard FTSE All-World ETF (VWRA) have historically returned 7–10% in USD terms, though returns in SGD terms vary with exchange rates. A 7% assumption is a reasonable mid-point for a globally diversified equity RSP over 10+ years, but it is not guaranteed.
How to Use This RSP Calculator
- Set your monthly RSP amount: Drag the slider or type the amount you plan to invest each month in SGD. Most Singapore RSP platforms allow starting from S$50–S$100 per month.
- Enter your investment period: How many years do you plan to run this RSP? Common choices are 10, 20, or 30 years for retirement-focused plans, or 5–7 years for a specific goal like a property down payment.
- Choose an expected annual return: Select a rate that reflects the asset class. Use 2.5–3% for bond funds or CPF-equivalent fixed income, 5–6% for Singapore equity funds, and 7–9% for globally diversified equity ETFs.
- Add a starting lump sum (optional): If you are beginning with an existing savings amount alongside your monthly RSP — for example, a windfall or bonus — enter it here. The calculator projects both the RSP stream and the lump sum compound growth together.
The calculator instantly displays your final projected portfolio value, total amount contributed, total investment gains, and your overall return on investment percentage. The bar chart shows year-by-year growth so you can see the power of compounding build over time.
Pro tip: Combine this calculator with our Retirement Planning Calculator to check whether your RSP contributions put you on track to hit your retirement number in Singapore.
What Is an RSP in Singapore?
A Regular Savings Plan (RSP) in Singapore is a systematic investment arrangement that automatically deducts a fixed amount from your bank account each month and uses it to purchase units of a chosen fund or ETF. The concept is simple but powerful: you invest consistently regardless of market conditions, which means you buy more units when prices are low and fewer units when prices are high. Over time, this smooths out your average purchase price — a mechanism known as dollar-cost averaging (DCA).
Singapore’s financial ecosystem makes RSPs particularly accessible. POSB Invest-Saver, one of the most popular options, lets you start with as little as S$100/month into ETFs like the Nikko AM Singapore STI ETF or ABF Singapore Bond Index Fund, with no brokerage fees. Online investment platforms such as Syfe and Endowus extend the concept further, offering globally diversified ETF portfolios on a monthly contribution basis with competitive management fees. RSPs are distinct from insurance savings plans or endowment policies — they invest in real market assets with transparent pricing, and you can typically stop, pause, or withdraw at any time without penalty.
As at Q3 2026, RSPs remain one of MAS-regulated platforms’ most recommended entry points for new investors, particularly those who do not yet have the capital or knowledge to build a bespoke stock portfolio.
How RSP Compound Growth Works: The Maths
The RSP calculator above uses the future value of an annuity formula to project your portfolio. For a monthly contribution of m at a monthly interest rate of r/12 over n months, the future value is:
FV = m × [(1 + r/12)^n – 1] / (r/12) × (1 + r/12)
The extra multiplication by (1 + r/12) treats contributions as made at the start of each month (annuity-due), which is the standard RSP arrangement — your money starts earning returns from the day it is invested.
| Monthly RSP (S$) | 10 Years @ 7% | 20 Years @ 7% | 30 Years @ 7% |
|---|---|---|---|
| S$200 | S$34,700 | S$104,300 | S$242,600 |
| S$500 | S$86,700 | S$260,700 | S$606,500 |
| S$1,000 | S$173,400 | S$521,400 | S$1,213,000 |
| S$2,000 | S$346,800 | S$1,042,800 | S$2,426,000 |
Projections are illustrative only. Actual returns will vary with market performance. Figures rounded to nearest S$100.
Notice how the 30-year projection at S$500/month surpasses S$600,000 despite only S$180,000 ever being contributed. The extra S$426,500 is pure compound growth. Use the DCA Investment Calculator to model this with lump-sum top-ups.
RSP vs Lump-Sum Investing in Singapore
A common debate among Singapore investors is whether to invest a large amount as a one-off lump sum or spread it across monthly RSP instalments. Research, including a 2021 Vanguard study, consistently shows that lump-sum investing outperforms DCA roughly two-thirds of the time in rising markets — because money in the market earns returns sooner. However, lump-sum investing requires both the capital and the emotional discipline to invest at market highs, which many people find difficult.
RSPs win on behavioural grounds: they remove the temptation to time the market, make investing automatic, and allow people with regular salaries — rather than one-off windfalls — to build wealth steadily. For most Singapore salaried employees putting aside 10–20% of monthly take-home pay, an RSP is the practical default. If you do have a lump sum available, the calculator’s “Starting Lump Sum” field lets you combine both approaches — start the lump sum immediately and layer monthly RSP contributions on top.
The key variable is your time horizon. Over 20+ years, the difference between RSP and lump-sum outcomes narrows significantly because both benefit from long compounding windows. For shorter horizons under 5 years, where sequence-of-returns risk is higher, RSP’s averaging effect provides meaningful downside protection.
Best RSP Platforms in Singapore 2026
Singapore investors have more RSP options today than at any previous point. The right platform depends on your preferred asset class, fee tolerance, and desired level of automation. Here is a practical overview as at Q3 2026:
POSB Invest-Saver: Ideal for beginners. Invests in the Nikko AM STI ETF or ABF Singapore Bond Index Fund. No brokerage fee (though the expense ratio applies). Minimum S$100/month. Best for those wanting Singapore-market exposure with zero friction.
Syfe Brokerage RSP: Lets you set recurring buy orders on Singapore-listed ETFs including IWDA and CSPX. Commission from S$1.49 per trade or 0.06% (whichever is higher). Good for those building a self-directed global ETF portfolio.
Endowus: Singapore’s leading CPF and SRS investment platform. Supports RSP-style monthly contributions into globally diversified fund portfolios. Uses institutional fund classes with fee rebates. Ideal for investors who want to use CPF OA or SRS monies alongside their cash RSP.
FSMOne: Offers a Regular Savings Plan across a wide fund universe including unit trusts and ETFs. Monthly minimum varies by fund. Useful for investors who want more fund selection than roboadvisors offer.
Compare the all-in cost carefully: a 0.5% p.a. management fee difference on a 20-year S$500/month RSP translates to a difference of roughly S$20,000–S$30,000 in final portfolio value at a 7% gross return assumption.
Using CPF and SRS Alongside Your RSP
One of Singapore’s unique advantages is the ability to invest CPF savings and SRS contributions in addition to cash. This creates a three-stream approach to wealth accumulation that most other markets do not offer.
Your CPF Ordinary Account currently earns 2.5% p.a. (minimum) on a guaranteed basis. If you invest CPF OA monies through the CPF Investment Scheme (CPFIS) into approved ETFs or unit trusts, you can potentially earn higher returns — though you bear the market risk and there are CPFIS eligibility rules to check. Platforms like Endowus are CPFIS-authorised and let you run a CPF RSP into global equity funds.
The Supplementary Retirement Scheme (SRS) offers a tax deduction on contributions up to S$15,300/year for Singapore citizens and PRs. Withdrawals at retirement are taxed at half the prevailing rate. Running an SRS-funded RSP alongside a cash RSP effectively gives you a tax-boosted investment stream. Use the SRS Tax Savings Calculator to quantify the tax benefit before you start.
The CPF also sets aside mandatory contributions (up to 23% employee contribution from age 35–45) that flow into CPF OA, MA, and SA. While you cannot direct these into a personal RSP, they form part of your overall retirement asset base — which is why pairing this RSP calculator with the CPF OA/SA Allocation Calculator gives a fuller picture of your retirement trajectory.
RSP as a Passive Income and Retirement Strategy
For many Singapore investors, the ultimate goal of a long-running RSP is to build a portfolio large enough to generate passive income in retirement — either by switching to dividend-paying ETFs or REITs, or by drawing down the portfolio systematically. The 4% safe withdrawal rate (SWR) rule, popularised by the Trinity Study, suggests that a retiree can withdraw 4% of their portfolio annually with a high probability of the portfolio lasting 30 years. For a Singapore investor targeting S$4,000/month in retirement income, this implies a target portfolio of S$1.2 million.
Working backwards from that target: a S$1,000/month RSP at 7% annual return reaches approximately S$1.2 million in just under 27 years. A S$500/month RSP takes around 33 years. If you combine a cash RSP with CPF LIFE payouts (use the CPF LIFE Payout Calculator to estimate), many Singaporeans find their total retirement income exceeds their needs without requiring an overly aggressive savings rate.
S-REITs are another option for the accumulation phase: a dividend-reinvestment RSP into a REIT ETF (such as the NikkoAM-StraitsTrading Asia ex Japan REIT ETF) generates both capital growth and quarterly distributions. Explore our Passive Income Guide and Dividend Calculator to model this alongside your RSP projections.
Frequently Asked Questions
What is a good monthly RSP amount in Singapore?
A good starting point is 10–20% of your monthly take-home pay. For a median Singapore household income of around S$9,500/month (as at 2025), this translates to S$950–S$1,900/month. However, even S$100/month is meaningfully better than nothing — the habit and consistency matter more than the amount when starting out. As your income grows, increase your RSP amount annually to accelerate compounding.
Is a Regular Savings Plan the same as DCA in Singapore?
Yes, essentially. An RSP automates dollar-cost averaging (DCA) by investing a fixed SGD amount at regular intervals (usually monthly). The terms are often used interchangeably in Singapore. The key distinction is that RSPs are usually platform-facilitated automatic purchases, whereas DCA can also refer to a manual discipline of investing at set intervals. Both achieve the same mathematical outcome.
What annual return should I use in the RSP calculator for Singapore?
It depends on your chosen fund or ETF. For Singapore-only equity (STI ETF), historical returns are approximately 5–7% per annum including dividends. For globally diversified equity ETFs like VWRA or IWDA, historical returns in USD have averaged 8–10% annualised, though in SGD terms this varies with the SGD/USD exchange rate. A conservative assumption of 6–7% is widely used for long-term financial planning in Singapore. Do not use returns above 10% unless you have a specific reason backed by data.
How much will I have if I invest S$500/month for 20 years?
At a 7% annual return, S$500/month invested over 20 years grows to approximately S$260,700. You will have contributed S$120,000 in total, meaning compound growth adds roughly S$140,700. At 8% the final value rises to around S$294,500. Use the calculator above to instantly adjust for different return assumptions and see the year-by-year chart.
Which Singapore RSP platform has the lowest fees?
For purely fee-minimising, POSB Invest-Saver has zero brokerage commission (the fund expense ratio still applies at approximately 0.30–0.35% p.a. for the STI ETF). For global ETF RSPs, Syfe Brokerage charges from S$1.49 per trade, making it competitive on small monthly amounts. Endowus offers institutional-class fund access with fee rebates and is best evaluated on the total expense ratio of the funds selected rather than headline commission. Always compare the all-in cost (platform fee + fund expense ratio) before choosing.
Can I use CPF to fund an RSP in Singapore?
Yes, through the CPF Investment Scheme (CPFIS). You can invest CPF Ordinary Account monies above S$20,000 (the first S$20,000 must remain in OA) into approved funds and ETFs. Platforms like Endowus are CPFIS-authorised and allow you to set up recurring investments from your CPF OA into diversified global fund portfolios. Note that the minimum guaranteed OA rate of 2.5% is a real opportunity cost to compare against before investing CPF monies into equities.
How does an RSP differ from an endowment plan in Singapore?
An RSP invests in market-listed assets (ETFs, unit trusts) with transparent daily pricing, no lock-in period, and no surrender charges. An endowment plan is an insurance product that combines savings with a death benefit — premiums are locked in for the policy term (typically 5–25 years), and early termination usually incurs a financial penalty. RSPs offer more flexibility and typically lower costs; endowments offer guaranteed returns (for participating plans) and life coverage. They serve different needs rather than being direct substitutes.
How does my RSP fit into my overall retirement plan in Singapore?
Think of retirement funding as three streams: CPF (mandatory, government-managed), an RSP or investment portfolio (voluntary, market-linked), and any property equity or other assets. CPF LIFE provides a baseline monthly payout from age 65; your RSP builds the discretionary nest egg on top. A good rule of thumb: run the RSP until your projected portfolio value covers 20–25x your expected annual retirement expenditure beyond CPF LIFE payouts. Use the Retirement Planning Calculator and CPF LIFE Payout Calculator on this site together with this RSP tool to stress-test your plan.
What happens to my RSP if markets crash significantly?
A crash is actually a buying opportunity for an ongoing RSP. Because you invest a fixed SGD amount monthly, a 30% market fall means your S$500 that month buys 43% more units than before the crash. This is the core advantage of dollar-cost averaging: it naturally increases your unit-buying power during downturns. The worst thing you can do is stop your RSP during a crash. Historical data from all major market crashes — 2000, 2008, 2020 — shows that investors who continued monthly contributions recovered faster and ended up with higher portfolios than those who paused.
Ready to Start Your RSP Journey?
Use our free financial tools and referral bonuses to put your RSP plan into action with the right platform.