At a Glance

Start Easy. Choose to start small & boost your retirement plan with premium top-up(s) along the way


Stay Flexible. Update your income payout period, retirement income rate and/or defer retirement age


Stay Protected. Enjoy a lump sum retrenchment payout benefit in the event of retrenchment

RetireSavvy is Singapore’s first, truly flexible digital retirement plan. Customise your retirement benefits to your financial needs and make tweaks along the way — total flexibility is in your hands.

Find out more about the features and exclusions of this policy.


Features & Benefits

  • Customise your retirement insurance plan in line with your financial and retirement needs.

    During policy term, you can flexibly:

    • Make a premium top-up1
    • Choose a later retirement age2
    • Adjust your income payout period2
    • Select your preferred combination of lump sum retirement payment and monthly retirement income by adjusting your retirement income rate2
  • Affordable Premiums: Start from as low as S$128.74/month6
  • Capital Guaranteed – Get 100% of your capital return, upon (the earlier of) selected Retirement Age or End of Policy Year 15
  • Premium Freeze3 (for regular premium plan only) - Option to put your premium payment on hold in times of need, while keeping your policy in force.
  • Retrenchment Payout Benefit4 - Receive a lump sum payout in the event of retrenchment.
  • Waiver of Premium on TPD5 (for regular premium plan only) - Be assured that all future premiums will be waived in event of *Total and Permanent Disability (TPD).
  • Comprehensive Coverage4 - Get coverage against Death and Terminal Illness.
  • Hassle Free Application - Enjoy a guaranteed issuance of this plan without any health checks, for a hassle-free application.

How it Works

How to #RetireSavvy


Eligibility Criteria

To apply for RetireSavvy, you must be:

  • A Singapore Citizen or Singapore Permanent Resident (PR) who is currently residing and paying tax in Singapore only,
  • Aged between 18 to 55 years old (age as of last birthday),
  • A digibank user, and
  • You are applying for this policy for yourself.

Apply for RetireSavvy now

No wait, no hassle. Your details are pre-filled when you apply on digibank.

Apply now

Need a little more advice? Talk to our Wealth Planning Managers.


POSB Inflation

Protect yourself so that you don’t have to worry about unforeseen circumstances, while you deal with inflation. Interested to find out about other ways to cope with inflation?

Learn more


Get more Benefits

Earn bonus interest on your DBS Multiplier Account with all Manulife protection or endowment plans distributed by DBS. Find out more.

  • No minimum regular or single premium amount
  • Pay with cash or SRS^
  • Earn bonus interest for 12 months consecutively

^Selected policies only


Frequently Asked Questions

  1. Choose the desired premium payment term of single premium, 3, 5, or 10 years
  2. Choose the desired basic plan premium
  3. Choose the desired retirement age of 45, 50, 55, 60, 65 or 70
  4. Choose the desired income payout period of 5, 10, or 15 years

Enjoy added flexibility* to perform premium top-up(s), change your income payout period, retirement income rate and defer your selected retirement age after your policy inception.

* Terms and conditions apply

Foreigners who are Singapore Permanent Residents (PR) currently residing and paying tax in Singapore only may apply.

The minimum premium amount per policy is:

  • Single Premium - $12,000 single premium
  • 3Pay – $5,000 annual premium ($429.14 monthly)
  • 5Pay – $3,000 annual premium ($257.48 monthly)
  • 10Pay – $1,500 annual premium ($128.74 monthly)

No, RetireSavvy is a guaranteed issuance product and medical underwriting is not required.
 Refer to the Frequently Asked Questions for more details.


1 You must submit the request to Manulife 1 year after the policy effective date and 5 years before the selected retirement age. Please refer to the product summary for more details.
2 You must submit the request to Manulife after the policy effective date and 2 years before the selected retirement age. Please refer to the product summary for more details.
3 Provided the policy has been in force for 2 years with 2 full annual premium payments.
4 Please refer to the product summary for more details.
5 Applicable to regular premium plans, during your premium payment term, or before the policy anniversary immediately after his or her 70th birthday, whichever is earlier. It is written on non-participating fund so it will not benefit from the performance of the participating fund.
6 Based on Life Insured 30 years old and 10-year premium payment term


The information herein is published by DBS Bank Ltd (“DBS Bank”) and is for general information only and should not be relied upon as financial advice. This publication may not be reproduced, or communicated to any other person without prior written permission. This website does not take into account the specific investment objectives, financial situation or needs of any particular person. Before entering into any transaction involving any product mentioned in this website, where applicable, you should seek advice from a financial adviser regarding its suitability for your own objectives and circumstances. If you choose not to do so, you should make an independent assessment and do your own due diligence on the product. This advertisement has not been reviewed by the Monetary Authority of Singapore. The website herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.

In Collaboration with Manulife

RetireSavvy is issued and underwritten by Manulife (Singapore) Pte. Ltd. ("Manulife") (Reg. No. 198002116D) and distributed by DBS. It is not an obligation of, deposit in or guaranteed by DBS.

Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender values payable may be less than the total premiums paid.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (“SDIC”). Coverage for the policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Manulife or visit the Life Insurance Association or SDIC websites ( or

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Information is correct as at 17 September 2021.

DBS Insurance Important Notes
Important Information

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