Retirement Calculator

Retirement planning is the process of determining your financial goals for retirement and creating a strategy to achieve them. With increasing life expectancy in India (now averaging 70+ years) and rising healthcare costs, planning for a retirement that could last 25-30 years is essential.

The earlier you start planning, the more time your investments have to compound. A person who starts investing ₹10,000 per month at age 25 can accumulate significantly more than someone investing ₹30,000 per month starting at age 40, thanks to the power of compounding.

Your required retirement corpus depends on several factors:

Required Corpus = Annual Expenses at Retirement × (1 - (1+g)^(-n) / (r-g))

Where g is the inflation rate, r is the post-retirement return rate, and n is the expected years in retirement. A simpler approach:

• Step 1: Estimate your current annual expenses
• Step 2: Inflate them to your retirement age using expected inflation
• Step 3: Multiply by 25-30 to get the required corpus

• Step 1: Enter your current age, retirement age, and life expectancy
• Step 2: Input your current monthly expenses and expected inflation rate
• Step 3: Add your current savings and expected investment returns (pre and post retirement)
• Step 4: View the required corpus, monthly savings needed, and projected growth chart

• 20s-30s: Aggressive allocation — 70-80% equity for long-term growth
• 40s: Balanced allocation — 50-60% equity, rest in debt and fixed income
• 50s: Conservative shift — 30-40% equity, increase debt allocation
• Post-retirement: Capital preservation — 20-30% equity, focus on regular income instruments like SCSS, PMVVY, debt funds