Retirement Planner
Plan your retirement with our comprehensive retirement calculator. Calculate retirement corpus, monthly expenses, and investment strategy for a secure retirement.
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Retirement Summary
Retirement Plan Breakdown
Investment Strategy
Current Plan
Monthly Investment: ₹20,000
Expected Corpus: ₹4.2 Cr
Shortfall: ₹1.0 Cr
Recommended Plan
Monthly Investment: ₹25,000
Expected Corpus: ₹5.2 Cr
Status: Achievable
Action Plan
Increase Monthly Investment
Increase your monthly retirement investment by ₹5,000 to meet your retirement goals.
Review Asset Allocation
Consider allocating 70% to equity and 30% to debt for optimal returns.
Emergency Fund
Maintain 6 months of expenses as emergency fund before aggressive retirement investing.
About Retirement Planning
Retirement planning is crucial for ensuring financial security in your golden years. Our Retirement Planner helps you calculate the corpus you need, considering inflation, investment returns, and your current savings.
Key Components of Retirement Planning
Retirement Corpus Calculation
Calculate the total amount needed to maintain your lifestyle during retirement, considering inflation and life expectancy.
Inflation Adjustment
Account for inflation to ensure your retirement corpus maintains its purchasing power over time.
Investment Strategy
Develop an investment plan to achieve your retirement goals through systematic investment.
Retirement Planning Formula
Common Retirement Planning Mistakes to Avoid
- Underestimating inflation: Failing to account for inflation can erode your retirement savings
- Starting too late: The earlier you start, the more your money can grow through compounding
- Overestimating returns: Being too optimistic about investment returns can lead to shortfalls
- Ignoring healthcare costs: Medical expenses typically increase with age
- Not diversifying: Putting all your eggs in one basket increases risk