Ease in gently
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.
Flow with flexibility
Customise your plan to your protection and retirement needs during your policy term:Find peace in protection
Remain steadfast amid life's uncertainties with:Please refer to the Sample Policy Contract for the precise terms, conditions and exclusions.
John buys a 10-year RetireSavvy plan at the age of 35 with an income payout period of 15 years.
He pays S$128.74 per month for 10 years.
Based on his chosen retirement income rate of 90%, John will receive the following when he reaches his selected retirement age of 65 years old:Age 40
John receives a good bonus from his company and decides to set aside a portion of it for his retirement.
Age 55
John is unfortunately retrenched from his job.
Age 57
John realises that he needs more for his retirement and decides to adjust his retirement income rate to 100% and to change his monthly income payout period to 10 years.
Age 62
John decides to retire at 70 instead. Hence, he decides to defer his retirement to 70.
Age | Between 18 and 55 years (based on your last birthday) |
Place of residence | Singapore citizen or Singapore Permanent Resident who is residing and paying tax in Singapore |
Others | Must have a DBS or POSB Savings or Current account. |
Footnotes
Terms and conditions apply. Please refer to Product Summary for more information about this insurance plan.
1 Based on Life Insured 30 years old. Depending on the age of the life insured, the premium amount will vary between S$128.74 and S$128.75 for a 10-year premium payment term.
2 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.
3 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.
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 Provided the policy has been in force for 2 years with 2 full annual premium payments.
7 The figures are based on the illustrated investment rate of return of 4.25% p.a.. Based on the illustrated investment rate of return of 3% p.a., the Retirement Income is S$2,129 (S$177.40 monthly) while the Lump Sum Retirement Payout is S$2,572.81 and the Total Retirement Benefits are S$34,504.81. Values comprise of guaranteed and non-guaranteed components.
8 The figures are based on the illustrated investment rate of return of 4.25% p.a.. Based on illustrated investment rate of return of 3% p.a., the Retirement Income is S$2,829 (S$235.79 monthly) while the Lump Sum Retirement Payout is S$3,409.56 and the Total Retirement Benefits are S$45,851.76. Values comprise of guaranteed and non-guaranteed components.
9 The figures are based on the illustrated investment rate of return of 4.25% p.a.. Based on illustrated investment rate of return of 3% p.a., the Retirement Income is S$43,449.60 (S$362.08 monthly). Hence, the Total Retirement Benefit is S$43,449.60. Values comprise of guaranteed and non-guaranteed components.
10 The figures are based on the illustrated investment rate of return of 4.25% p.a.. Based on illustrated investment rate of return of 3% p.a., the Retirement Income is S$50,613.60 (S$421.78 monthly). Hence, the Total Retirement Benefit is S$50,613.60. Values comprise of guaranteed and non-guaranteed components.
Disclaimers
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 (www.lia.org.sg or www.sdic.org.sg).
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$100,000 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$100,000 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 1 Jul 2026.
Terms and Conditions Governing SRS