{"id":24712,"date":"2025-08-05T15:06:13","date_gmt":"2025-08-05T07:06:13","guid":{"rendered":"https:\/\/www.syfe.com\/magazine\/?p=24712"},"modified":"2025-08-29T11:22:16","modified_gmt":"2025-08-29T03:22:16","slug":"how-to-earn-1-million-by-65-singapore-1m65-movement","status":"publish","type":"post","link":"https:\/\/www.syfe.com\/magazine\/how-to-earn-1-million-by-65-singapore-1m65-movement\/","title":{"rendered":"Can You Earn S$1 Million By 65? A Deep Dive Into Singapore\u2019s 1M65 Movement"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

What does the Singaporean Dream mean to you?<\/strong> For many, it\u2019s the ability to afford a home, raise a family, enjoy occasional holidays, and retire without financial stress. As Singapore celebrates 60 years of nationhood, it’s also an opportunity to reflect on how far we’ve come, and what it means to build a future rooted in stability and aspiration. <\/h3>\n\n\n\n

One personal finance movement that encapsulates this ideal is 1M65<\/strong>, a simple but powerful strategy that shows how everyday Singaporeans can retire with S$1 million or more<\/strong> by age 65, even on average incomes.<\/p>\n\n\n\n

Related: How Much Do You Need to Retire in Singapore?<\/a><\/strong><\/p>\n\n\n\n

In this SG60 edition, we explore what 1M65 is, how feasible it still is in 2025, and how you can work towards it using a mix of CPF and long-term investing<\/strong>.<\/p>\n\n\n\n

What Is the 1M65 Movement?<\/strong><\/h2>\n\n\n\n

The 1M65 movement<\/strong>, short for \u201c$1 Million by 65\u201d<\/strong>, was started by CPF advocate Loo Cheng Chuan<\/strong>, who demonstrated how Singaporeans could use their CPF to build substantial retirement savings. <\/p>\n\n\n\n

The core idea? Maximise CPF contributions, avoid premature withdrawals<\/strong>, and let the power of compounding interest work over 30\u201335 years.<\/p>\n\n\n\n

The logic is compelling:<\/p>\n\n\n\n