Planning calculator
Retirement Calculator
Estimate how much you may need by the time you retire to cover your living expenses for life, and how much you might need to invest each month to get there.
Planning for a longer life is the more cautious assumption.
Estimated retirement corpus
₹8.65 crore
To cover 25 years of expenses from age 60, rising with inflation
Estimated monthly investment required
₹45,826
for the next 25 years, alongside your current savings
- Monthly expenses at retirement
- ₹3.22 lakh
- Current savings could grow to
- ₹1.36 crore
- Gap to fund
- ₹7.29 crore
How this is calculated
Your current expenses are grown by inflation until retirement. The corpus is the amount that, earning the post-retirement return, could fund those expenses (increasing with inflation each year) until the life expectancy you entered. Your current savings are grown at the pre-retirement return, and the remaining gap is converted into a monthly SIP. Taxes, irregular expenses and medical costs are not included.
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How to use the retirement calculator
- 1
Enter your current age, planned retirement age and a life expectancy to plan for.
- 2
Enter your current monthly expenses and any savings already set aside for retirement.
- 3
Adjust inflation and expected returns before and after retirement to see the corpus and monthly investment needed.
How the retirement calculator works
Your current monthly expenses are increased by inflation until your retirement age. The calculator then estimates the corpus that could pay those expenses every year, rising with inflation, until the life expectancy you entered, while the remaining money earns the post-retirement return.
Your existing retirement savings are grown at the pre-retirement return, and the remaining gap is converted into a monthly SIP.
What the calculator leaves out
It does not include taxes, large one-off expenses or medical costs in later life, which can be significant. Health insurance and an emergency fund are important parts of a retirement plan alongside the corpus itself.
Frequently asked questions
What life expectancy should I use?
Planning for a longer life is the more cautious assumption, because running out of money late in life is a bigger risk than having some left over. Many people plan to age 85 or 90.
Why is the post-retirement return lower?
In retirement, people usually move a larger share of their money into lower-volatility investments to protect the income they rely on, which typically means lower expected returns.
How often should I revisit my retirement plan?
At least once a year, and whenever your income, expenses or family situation changes significantly.
Want to talk through your numbers?
A calculator gives you a starting point. We can help you understand what it means for your situation, with no obligation.
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