Question 1

How much life insurance do I need in Singapore?

Accepted Answer

The LIA Singapore benchmark is 9 times your annual income, plus 2 times for each dependent child. Our calculator gives you a personalised estimate based on your income, family size, and existing coverage.

Question 2

How do I calculate my retirement savings gap in Singapore?

Accepted Answer

Your retirement savings gap is the difference between your target nest egg (based on 70% of your current income at a 4% withdrawal rate) and your current savings including CPF. Our calculator computes this instantly.

Question 3

Is this financial calculator free to use?

Accepted Answer

Yes, the MatchAdvisor Financial Needs Calculator is completely free to use with no sign-up required. It provides general estimates only and does not constitute financial advice.

Question 4

What is a good coverage score?

Accepted Answer

A score of 80 and above means you are well protected. 60-79 is fairly covered, 40-59 needs attention, and below 40 means you are significantly under-covered and should speak to a financial advisor.

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