Assumptions and Disclaimer

Assumptions and Disclaimer

Assumptions:

1. Unless otherwise specified, all input data should be in today’s value.
2. The expected monthly retirement expense is assumed to remain constant throughout the entire retirement period.
3. The expected inflation rate and the expected annual rate of return are assumed to remain constant from now on until the end of the retirement period.
4. The expected annual rate of return is assumed to be the return on (i) the expected savings amount available upon retirement; and (ii) the monthly savings from now on up to retirement.
5. The expected annual rate of return of the strategic portfolio is based on capital market assumptions derived from Morningstar’s econometric model that relies on historic, current and forecasted data.

Disclaimer:

The Retirement Planner and the additional retirement fund only gives you a high-level and general estimate for your reference only, based on the data you provided here. They should not be considered or relied upon as advice by DBS Bank (Hong Kong) Limited (the “Bank”) and should also not be considered as substitute for professional advice or recommendation on retirement planning.  Our Bank shall not accept any responsibility or liability of whatsoever nature for or in connection with any use of or reliance on the Retirement Planner or the additional retirement fund by any person.  Nothing here is or shall be considered as any recommendation or offer or solicitation to offer of any investment product.