Retirement Calculator
Plan your retirement savings, calculate required corpus, and estimate monthly income needed for a comfortable retirement. Start planning today for a secure tomorrow.
Your Retirement Details
Monthly Income at Retirement
Recommended Strategy
To bridge the retirement gap, consider increasing your monthly contribution by ₹8,500 or delay retirement by 2 years.
Retirement Timeline
Investment Recommendations
Equity Investments
High growth potential for long-term horizon
- Index Funds
- Large Cap Stocks
- Sectoral Funds
Debt Investments
Stability and regular income
- Corporate Bonds
- Government Securities
- Debt Mutual Funds
Other Assets
Diversification and inflation hedge
- Real Estate
- Gold
- International Funds
Retirement Planning Guide
Calculate Your Needs
Determine your retirement corpus based on current expenses, inflation, and desired lifestyle.
- Consider 80% of current expenses for comfortable retirement
- Account for 6-7% annual inflation
- Plan for 20-25 years of retirement
Assess Current Savings
Evaluate your existing retirement savings and investments.
- EPF/PPF contributions
- NPS investments
- Mutual funds and stocks
- Real estate assets
Create Investment Strategy
Develop a diversified portfolio based on your risk profile and time horizon.
- Higher equity exposure for younger investors
- Gradual shift to debt as retirement approaches
- Regular rebalancing of portfolio
Monitor and Adjust
Regularly review and adjust your retirement plan.
- Annual review of progress
- Adjust contributions based on life changes
- Update assumptions as needed
About Retirement Calculator
The Retirement Calculator helps you estimate how much money you need to save for retirement based on your current age, expenses, lifestyle preferences, and investment returns. It considers inflation, life expectancy, and existing savings to provide a comprehensive retirement plan.
How Retirement Calculations Work
Future Value Calculation
Formula: Future Value = Present Value × (1 + Rate)^Years
Calculates the future value of current savings and regular contributions
Inflation Adjustment
Formula: Future Expenses = Current Expenses × (1 + Inflation)^Years
Adjusts current expenses for inflation until retirement
Corpus Requirement
Formula: Corpus = Annual Expenses × Retirement Years
Calculates total corpus needed based on post-retirement expenses
Key Retirement Planning Factors
Time Horizon
- Early Start (20s-30s): Benefit from compounding, lower monthly contributions needed
- Mid Career (40s): Higher contributions required, moderate risk
- Near Retirement (50s): Focus on capital preservation, lower risk
Investment Returns
- Conservative: 6-8% annual returns (debt-heavy portfolio)
- Moderate: 9-11% annual returns (balanced portfolio)
- Aggressive: 12-15% annual returns (equity-heavy portfolio)
Lifestyle Considerations
- Basic Lifestyle: 60% of current expenses
- Comfortable: 80% of current expenses
- Maintain Current: 100% of current expenses
- Luxury: 120%+ of current expenses
Retirement Corpus Examples
| Current Age | Monthly Expense | Retirement Age | Required Corpus | Monthly Saving* |
|---|---|---|---|---|
| 30 years | ₹50,000 | 60 years | ₹3.2 Crores | ₹20,000 |
| 40 years | ₹75,000 | 60 years | ₹4.8 Crores | ₹50,000 |
| 50 years | ₹1,00,000 | 60 years | ₹6.4 Crores | ₹1,20,000 |
| 35 years | ₹60,000 | 55 years | ₹3.8 Crores | ₹35,000 |
*Assuming 10% returns, 6% inflation, comfortable lifestyle (80% expenses)
Retirement Investment Vehicles
EPF/PPF
- Returns: 7-8%
- Risk: Low
- Tax: EEE (Exempt)
- Best For: Conservative investors
Mutual Funds
- Returns: 10-15%
- Risk: Medium to High
- Tax: LTCG applicable
- Best For: Growth seeking investors
NPS
- Returns: 9-12%
- Risk: Medium
- Tax: Additional deduction u/s 80CCD(1B)
- Best For: Tax saving + retirement
Real Estate
- Returns: 7-10% + rental income
- Risk: Medium
- Tax: Capital gains applicable
- Best For: Diversification
Common Retirement Planning Mistakes
- Starting Too Late: Delay reduces compounding benefits significantly
- Underestimating Inflation: Failing to account for rising costs
- Overestimating Returns: Assuming unrealistic investment returns
- Ignoring Healthcare Costs: Medical expenses increase with age
- No Emergency Fund: Not having contingency savings
- Early Withdrawals: Dipping into retirement savings prematurely
- No Regular Review: Failing to adjust plan as circumstances change