Step into your golden age with confidence with these retirement guidance from Bank DBS Indonesia | Bahasa
Indonesia, 19 Jan 2026 - Population ageing is a phenomenon that has become a real challenge in Asia, particularly in Indonesia that is still in the early stages of retirement readiness as the pace of demographic change is accelerating. In response to this situation, Bank DBS Indonesia and DBS Foundation have launched the “Pensiun Gak Susah” campaign, an initiative aimed at encouraging people to plan for their future early on so that they can enjoy a high-quality, prosperous, and meaningful life in retirement.
Retirement planning has become even more urgent than ever in light of the direction of Indonesia's demographic change over the next two decades. According to Statistics Indonesia (BPS) data, more than 14 percent of the population is expected to be over 60 years old in 2035. The number is projected to increase to 20 percent, or to around 63 million people, in 2045. This change indicates a significant shift in the population structure as the demographic dividend shrinks. In this context, an adequate ecosystem, policies, and infrastructure become increasingly important to ensure a healthy, inclusive, and productive ageing process. With the right support, the elderly can continue to contribute optimally to society and the economy.
In line with its aspiration to be the ‘Best Bank for a Better World’, DBS Foundation consistently places the ageing society as one of its main focuses. This approach stemmed from the belief that increased life expectancy must be accompanied by a good quality of life so that every individual can age with dignity, meaning, and a sense of empowerment.
“Today's demographic change calls for a shift in perspective in preparing for the future. Retirement can no longer be viewed as a final phase to be considered only later in life but rather as part of a life journey that needs to be planned early and adjusted to the dynamics of life. As a purpose-driven bank, Bank DBS Indonesia is committed to empowering the ageing population, including by providing comprehensive guidance and insights to help people plan for retirement holistically so that each individual can enjoy a meaningful life at every stage of life,” said Head of Group Marketing & Communications PT Bank DBS Indonesia Mona Monika.
As part of the campaign, Bank DBS Indonesia presented the Retirement Goal Calculator as a primary reference for people to plan their retirement needs more comprehensively and with greater focus. The calculator is designed to help individuals understand their future financial needs, not only in terms of basic needs but also in terms of the lifestyle they wish to maintain in retirement. In line with the ‘Live more, Bank less’ mission, the tool reflects Bank DBS Indonesia's commitment to simplifying various aspects of banking and financial planning that often seem complex so that people can focus more on enjoying life and preparing for the future with greater peace of mind and confidence.
To give an example, Reza is currently 30 years old, plans to retire at 55, and has a life expectancy of 71 years. The following are the details of his income and expenses:
With an estimated retirement requirement of around IDR 19,500,000 million per month (in today's value) and a retirement period of 16 years, Reza will need around IDR 2,521,591,343 or IDR 19,666,667 per month. This estimate takes into account an inflation assumption of 3.1% and an average annual investment return of 5.57%. This calculation covers basic needs (including food, utilities, and monthly expenses) as well as other needs (such as clothing, sports, and vacation).
However, retirement readiness is not solely dependent on savings. For many people, retirement also brings major changes in daily routine, role, and sense of purpose in life. Without careful planning, many people find the transition shocking and challenging. Therefore, understanding your needs and expectations early on is an important step in ensuring that retirement can be a time lived as an active, meaningful, and productive phase of life.
Many people delay retirement plans because they are waiting for what they consider to be the ideal moment: a stable income, fewer dependents, or improved economic conditions. However, retirement planning is not about perfection, it is about continuity. Whether you start in your 20s or 40s, the most crucial decision to make is to start now with an approach that is relevant to your current circumstances so that the strategy you develop remains adaptive and is able to grow as your life changes. One practical strategy that can be applied is the 10/20/30/40 budgeting rule. Ideally, you should set aside at least 10% of your monthly income for savings or investments, a maximum of 20% for lifestyle needs, a maximum of 30% for instalment payments, and the remaining 40% for daily needs,” said Founder & CEO, Lead Financial Trainer at QM Financial Ligwina Hananto.
Silver Economy at Its Peak, Senior Market Potential Exceeds Trillions of Dollars
Retirement is a phase of life where priorities shift to peace of mind, security, and quality of life. Careful planning teaches us that growing funds alone is not enough; we must also pay attention to adequate protection amid growing life's uncertainties and challenges.
“By combining prudent investments and protection by way of insurance, customers can maintain their purchasing power and assets, gain peace of mind, remain independent, and enjoy their retirement with confidence. As a trusted partner in wealth management, Bank DBS Indonesia is committed to accompanying customers in every phase of life through banking solutions that support retirement readiness,” said Head of Investment & Insurance Products, Consumer Banking Group PT Bank DBS Indonesia Djoko Sulistyo.
Comprehensive retirement planning is increasingly urgent as indicated by the global demographic change. Findings in CIO Insights entitled “The Longevity Economy” reveal that human life expectancy has increased sharply from around 40 years in 1900 to more than 74 years today. The sharp rise in life expectancy will not only drive increased spending on age-related illnesses but also strengthen demand for more mature healthcare services and pension systems. This changing trend opens up strategic opportunities to develop the silver economy, namely economic activities that focus on meeting the needs of and empowering the elderly.
This ecosystem encompasses various sectors, ranging from healthcare, housing, and transportation to technology and lifestyle, all designed to improve the quality of life for seniors. This situation has placed the senior economy at an inflection point, driven by advances in medical technology, increased capital flows, and the population ageing trends that are becoming inevitable. With a market potential worth trillions of dollars, the future senior economy offers increasingly relevant, strategic, and attractive investment opportunities.
Furthermore, you can also calculate your retirement savings using the Retirement Goal Calculator available here.
For more information about DBS Foundation, visit this page and Instagram @dbsfoundationid.
About DBS Foundation
Established in 2014, DBS Foundation is committed to uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact. It aims to bring hope to those with less today, so no one is left behind and we can all face the future with confidence.
In 2024, DBS committed up to SGD 1 billion dollars over the next decade to support vulnerable communities. It also pledged to contribute 1.5 million employee volunteer hours over the same period.
Together with an ecosystem of like-minded partners, DBS Foundation seeks to create impact that goes beyond banking, beyond borders, and beyond generations.
For more information, please visit: www.dbs.com/dbsfoundation.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 17 consecutive years from 2009 to 2025.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.
Established in 1989 as part of the Singapore-based DBS Group, PT Bank DBS Indonesia (Bank DBS Indonesia) is one of the banks with the longest history in Asia. Currently operating 1 Head Office, 13 Branch Offices, 16 Assistant Offices, 1 Functional Office and 3,011 active employees in 15 Major Cities in Indonesia, Bank DBS Indonesia provides comprehensive banking services that focus on the customer experience to 'Live more, Bank less'. We also see a purpose beyond banking and are committed to supporting our customers, employees, and the community towards a sustainable future.
PT Bank DBS Indonesia is licensed and supervised by The Indonesian Financial Services Authority (OJK), and an insured member of Indonesia Deposit Insurance Corporation (LPS).
DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
Retirement planning has become even more urgent than ever in light of the direction of Indonesia's demographic change over the next two decades. According to Statistics Indonesia (BPS) data, more than 14 percent of the population is expected to be over 60 years old in 2035. The number is projected to increase to 20 percent, or to around 63 million people, in 2045. This change indicates a significant shift in the population structure as the demographic dividend shrinks. In this context, an adequate ecosystem, policies, and infrastructure become increasingly important to ensure a healthy, inclusive, and productive ageing process. With the right support, the elderly can continue to contribute optimally to society and the economy.
In line with its aspiration to be the ‘Best Bank for a Better World’, DBS Foundation consistently places the ageing society as one of its main focuses. This approach stemmed from the belief that increased life expectancy must be accompanied by a good quality of life so that every individual can age with dignity, meaning, and a sense of empowerment.
“Today's demographic change calls for a shift in perspective in preparing for the future. Retirement can no longer be viewed as a final phase to be considered only later in life but rather as part of a life journey that needs to be planned early and adjusted to the dynamics of life. As a purpose-driven bank, Bank DBS Indonesia is committed to empowering the ageing population, including by providing comprehensive guidance and insights to help people plan for retirement holistically so that each individual can enjoy a meaningful life at every stage of life,” said Head of Group Marketing & Communications PT Bank DBS Indonesia Mona Monika.
As part of the campaign, Bank DBS Indonesia presented the Retirement Goal Calculator as a primary reference for people to plan their retirement needs more comprehensively and with greater focus. The calculator is designed to help individuals understand their future financial needs, not only in terms of basic needs but also in terms of the lifestyle they wish to maintain in retirement. In line with the ‘Live more, Bank less’ mission, the tool reflects Bank DBS Indonesia's commitment to simplifying various aspects of banking and financial planning that often seem complex so that people can focus more on enjoying life and preparing for the future with greater peace of mind and confidence.
To give an example, Reza is currently 30 years old, plans to retire at 55, and has a life expectancy of 71 years. The following are the details of his income and expenses:
| Savings funds | Expenses |
| ● Total deposits: IDR 10,000,000● Total investment: IDR 15,000,000● Average annual return: 5.57%● Monthly savings: IDR 3,000,000 | ● Basic needs: IDR 13,000,000● Other needs: IDR 7,500,000 |
With an estimated retirement requirement of around IDR 19,500,000 million per month (in today's value) and a retirement period of 16 years, Reza will need around IDR 2,521,591,343 or IDR 19,666,667 per month. This estimate takes into account an inflation assumption of 3.1% and an average annual investment return of 5.57%. This calculation covers basic needs (including food, utilities, and monthly expenses) as well as other needs (such as clothing, sports, and vacation).
However, retirement readiness is not solely dependent on savings. For many people, retirement also brings major changes in daily routine, role, and sense of purpose in life. Without careful planning, many people find the transition shocking and challenging. Therefore, understanding your needs and expectations early on is an important step in ensuring that retirement can be a time lived as an active, meaningful, and productive phase of life.
Many people delay retirement plans because they are waiting for what they consider to be the ideal moment: a stable income, fewer dependents, or improved economic conditions. However, retirement planning is not about perfection, it is about continuity. Whether you start in your 20s or 40s, the most crucial decision to make is to start now with an approach that is relevant to your current circumstances so that the strategy you develop remains adaptive and is able to grow as your life changes. One practical strategy that can be applied is the 10/20/30/40 budgeting rule. Ideally, you should set aside at least 10% of your monthly income for savings or investments, a maximum of 20% for lifestyle needs, a maximum of 30% for instalment payments, and the remaining 40% for daily needs,” said Founder & CEO, Lead Financial Trainer at QM Financial Ligwina Hananto.
Silver Economy at Its Peak, Senior Market Potential Exceeds Trillions of Dollars
Retirement is a phase of life where priorities shift to peace of mind, security, and quality of life. Careful planning teaches us that growing funds alone is not enough; we must also pay attention to adequate protection amid growing life's uncertainties and challenges.
“By combining prudent investments and protection by way of insurance, customers can maintain their purchasing power and assets, gain peace of mind, remain independent, and enjoy their retirement with confidence. As a trusted partner in wealth management, Bank DBS Indonesia is committed to accompanying customers in every phase of life through banking solutions that support retirement readiness,” said Head of Investment & Insurance Products, Consumer Banking Group PT Bank DBS Indonesia Djoko Sulistyo.
Comprehensive retirement planning is increasingly urgent as indicated by the global demographic change. Findings in CIO Insights entitled “The Longevity Economy” reveal that human life expectancy has increased sharply from around 40 years in 1900 to more than 74 years today. The sharp rise in life expectancy will not only drive increased spending on age-related illnesses but also strengthen demand for more mature healthcare services and pension systems. This changing trend opens up strategic opportunities to develop the silver economy, namely economic activities that focus on meeting the needs of and empowering the elderly.
This ecosystem encompasses various sectors, ranging from healthcare, housing, and transportation to technology and lifestyle, all designed to improve the quality of life for seniors. This situation has placed the senior economy at an inflection point, driven by advances in medical technology, increased capital flows, and the population ageing trends that are becoming inevitable. With a market potential worth trillions of dollars, the future senior economy offers increasingly relevant, strategic, and attractive investment opportunities.
Furthermore, you can also calculate your retirement savings using the Retirement Goal Calculator available here.
For more information about DBS Foundation, visit this page and Instagram @dbsfoundationid.
[END]
About DBS Foundation
In 2024, DBS committed up to SGD 1 billion dollars over the next decade to support vulnerable communities. It also pledged to contribute 1.5 million employee volunteer hours over the same period.
Together with an ecosystem of like-minded partners, DBS Foundation seeks to create impact that goes beyond banking, beyond borders, and beyond generations.
For more information, please visit: www.dbs.com/dbsfoundation.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 17 consecutive years from 2009 to 2025.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.
Established in 1989 as part of the Singapore-based DBS Group, PT Bank DBS Indonesia (Bank DBS Indonesia) is one of the banks with the longest history in Asia. Currently operating 1 Head Office, 13 Branch Offices, 16 Assistant Offices, 1 Functional Office and 3,011 active employees in 15 Major Cities in Indonesia, Bank DBS Indonesia provides comprehensive banking services that focus on the customer experience to 'Live more, Bank less'. We also see a purpose beyond banking and are committed to supporting our customers, employees, and the community towards a sustainable future.
PT Bank DBS Indonesia is licensed and supervised by The Indonesian Financial Services Authority (OJK), and an insured member of Indonesia Deposit Insurance Corporation (LPS).
DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
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World's Best Bank 2025, 2018 - 2022
Euromoney, Global Finance, The Banker
Asia’s Safest Bank, 2009 – 2025
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