Compare retirement plan

Looking for the best retirement plans in Singapore in 2026? This guide compares private retirement income plans and annuity-style insurance plans from insurers such as Manulife, Income, China Taiping and Singlife. We look at payout flexibility, guaranteed income, premium options, disability benefits, SRS suitability, and how these plans can supplement CPF LIFE if you want more retirement income beyond your basic monthly payouts.

Why You Need a Retirement Plan
While CPF LIFE offers a basic safety net, most Singaporeans find it insufficient to cover lifestyle and healthcare expenses during retirement. Here’s why private retirement plans are worth considering:

Inflation Protection: Savings alone often lose value against inflation.

Guaranteed Income: Annuities provide stable monthly payouts for life or a fixed period.

Flexibility: Choose payout age, duration, and premium terms to suit your financial needs.

Family Protection: Many plans offer death or disability benefits alongside retirement income.

If you are still in your 30s, starting early can give you more time to build future income with lower yearly commitment. Read our guide on retirement planning in your 30s in Singapore to understand how early planning can help.

For this comprehensive review, InterestGuru.sg looks into the best retirement plans in Singapore that provide the highest income payout toward meeting your lifestyle needs and expenses.