Retirement Calculator
Plan your retirement corpus with our free retirement calculator. Calculate how much you need to save for a comfortable retirement.
Calculator widget coming soon. Use the information below to understand this tool.
What is Retirement Calculator?
A retirement calculator helps you determine how much money you need to save for a comfortable retirement. It considers your current age, desired retirement age, life expectancy, expected returns, and inflation.
How It Works
The calculator projects your future expenses considering inflation, estimates the corpus required at retirement, and calculates the monthly savings needed to reach that corpus.
Formula & Calculation Method
Future expenses are adjusted for inflation. The required corpus is calculated using a sustainable withdrawal rate (typically 4%).
Examples
Retirement Planning
1Current monthly expense: ₹50,000
2Years to retirement: 30
3Expense at retirement (6% inflation): ~₹2.87 lakh/month
4Annual expense at retirement: ~₹34.4 lakh
5Required corpus (4% rule): ~₹8.6 crore
6Monthly investment needed (12% returns): ~₹25,000
Required Corpus: ~₹8.6 crore
Benefits
- 1Clear retirement goal
- 2Actionable savings plan
- 3Inflation-adjusted projections
- 4Early retirement possibility check
- 5Peace of mind
Common Use Cases
Expert Tips
- 1Start saving early to leverage compounding
- 2Increase savings rate as income grows
- 3Diversify retirement investments
- 4Consider healthcare and insurance costs
- 5Review retirement plan annually
Common Mistakes to Avoid
- !Underestimating inflation impact
- !Not accounting for healthcare costs
- !Being too conservative with returns
- !Ignoring sequence-of-returns risk
- !Not planning for longevity
Frequently Asked Questions
Find answers to common questions about this calculator below.
A general rule is to save 25-30 times your annual expenses. For example, if your monthly expenses are ₹50,000, you need a corpus of approximately ₹1.5-2 crore. Our calculator provides a more accurate estimate based on your specific parameters.
The 4% rule suggests you can withdraw 4% of your retirement corpus annually without depleting it for 30 years. For a ₹2 crore corpus, you can withdraw ₹8 lakh per year (₹66,667/month).