Philippine Retirement Calculator
Plan your retirement with SSS/GSIS pension projections and lifestyle-based planning. Calculate how much you need to save for comfortable retirement in the Philippines.
How to Plan Your Retirement
Enter Current Details
Input your age, monthly income, SSS/GSIS contributions, and existing retirement savings
Set Retirement Goals
Choose target retirement age (55-65), desired lifestyle (Modest ₱30K to Luxurious ₱100K/month)
View Projections
See SSS/GSIS pension estimates, total fund needed, and monthly income breakdown
Adjust & Save
Calculate monthly savings needed and create action plan to reach your retirement goals
Philippine Retirement Calculator
Plan your retirement with SSS/GSIS projections and lifestyle-based planning for Filipinos. Calculate retirement income, savings needs, and prepare for a comfortable future.
Retirement Planning Details
Plan Your Retirement
Enter your retirement details on the left to see projections and recommendations.
Philippine Retirement System
🏛️SSS (Social Security System)
🏛️GSIS (Gov't Service Insurance)
💼Private Retirement
Philippine Retirement Lifestyle Costs
Basic Lifestyle
per month
- • Basic housing and utilities
- • Simple meals and groceries
- • Public transportation
- • Basic healthcare coverage
Comfortable Lifestyle
per month
- • Better housing and amenities
- • Regular dining out
- • Own vehicle
- • Good healthcare and insurance
Luxury Lifestyle
per month
- • Premium housing and location
- • Fine dining and entertainment
- • Luxury travel and hobbies
- • Premium healthcare and services
Pro Tips for Philippine Retirement
💼Understand SSS vs GSIS
SSS (Private): ₱10-20K/month for 30+ years. GSIS (Government): ₱30-50K/month with 15+ years. Both require 120 months minimum.
🎯Target 25x Annual Expenses
Need ₱50K/month? That's ₱600K/year. Target ₱15M saved. If SSS gives ₱15K, you only need ₱10.5M saved.
🏠Pay Off House Before Retiring
Retiring with ₱20K/month mortgage = need ₱6M extra saved. Finish payments before 60 to reduce budget needs.
📊Provincial Living Saves Money
Metro Manila: ₱50-70K/month. Provinces: ₱30-40K same lifestyle. Retiring in provinces = need ₱3-5M less saved.
💰Multiple Income Streams
Ideal: ₱15K SSS + ₱10K rental + ₱15K dividends + ₱10K consulting = ₱50K/month diversified income.
⚕️Health Insurance is Critical
PhilHealth alone isn't enough. Budget ₱3-5K/month for private HMO. Single hospitalization can wipe out years of savings.
Who Uses Philippine Retirement Calculator?
Young Professionals (25-35)
Start retirement planning early, see compound interest magic
- ✓₱10K/month from age 25 = ₱12-18M by 60
- ✓Project SSS: ₱40K salary = ₱15-18K/month pension
- ✓35 years to build ₱10-20M nest egg
Mid-Career (40-50)
Check if current pace hits goals, identify and fix gaps
- ✓₱2M saved + ₱15K/month for 15 years = ₱8M
- ✓Need ₱12M but on ₱5M track? Increase to ₱25K/month
- ✓Adjust lifestyle expectations if needed
Pre-Retirees (55-65)
Finalize plans, calculate exact benefits, plan withdrawals
- ✓₱6M + ₱18K SSS = ₱38K/month income
- ✓4% withdrawal: ₱6M = ₱20K/month safe
- ✓Delay 60→65 adds ₱2-3M savings
Frequently Asked Questions
Q: How accurate is my SSS/GSIS pension estimate?
A: This is an ESTIMATE ONLY based on publicly available formulas. This tool is NOT connected to your SSS/GSIS account. Your actual pension will vary. Consult SSS (www.sss.gov.ph) or GSIS (www.gsis.gov.ph) directly for official computation.
Q: How much SSS pension will I receive?
A: Depends on salary and contributions. ₱30K salary for 30 years = ₱12-15K/month. ₱60K salary for 35 years = ₱18-22K/month. Maximum 2025: ₱25K/month.
Q: What's a realistic monthly retirement budget?
A: Modest: ₱25-35K (provinces). Comfortable: ₱40-60K (Manila, travel 2x/year). Luxurious: ₱80-120K+ (premium lifestyle).
Q: Can I retire early at 50 or 55?
A: Possible but need ₱10-20M saved to bridge gap before SSS at 60. Better: Part-time work 50-60, full retirement at 60 with SSS.
Q: What's the 4% withdrawal rule?
A: Withdraw 4% of savings annually, money lasts 30+ years. ₱10M = ₱33K/month. Combine with SSS for total income.