Retirement Calculator

How Our Retirement Calculator Works

Our Retirement Calculator helps Indian users plan their retirement savings in Indian Rupees (₹). It estimates the corpus needed for retirement, adjusted for inflation, and calculates monthly contributions based on investment returns. A bar chart compares the required corpus with current savings for clarity.

Calculation Logic

For a 30-year-old planning to retire at 60 with ₹6,00,000 annual expenses (today’s value), 8% investment return, 6% inflation, and life expectancy of 85, the calculator projects ₹34,46,085 future annual expenses and a ₹6,65,34,496 corpus. Monthly contributions of ₹31,920 over 30 years achieve this. The bar chart shows ₹6,65,34,496 needed vs. 5,00,000 current savings.

Steps to Use

Enter your current age (e.g., 30) and retirement age (e.g., 60).

Input life expectancy (e.g., 85) and current savings (e.g., ₹5,00,000).

Specify annual expenses (e.g., ₹6,00,000), return (e.g., 8%), and inflation (e.g., 6%).

Click "Calculate" to view corpus, contributions, and expenses.

Review the bar chart for corpus vs. savings comparison.

Why Use Our Retirement Calculator?

Retirement planning is crucial for financial independence, especially in India where inflation and rising costs can erode savings. Our Retirement Calculator, tailored for Indian users, estimates the savings needed in Indian Rupees (₹) and monthly contributions to achieve a secure retirement. It accounts for inflation, investment returns, and your lifestyle needs, with a bar chart comparing required corpus to current savings. Here’s why every Indian should use it.

Plan for a Secure Retirement

A clear retirement plan ensures you maintain your lifestyle post-retirement.

Corpus Estimation: ₹6,65,34,496 for ₹6,00,000 annual expenses.

Financial Independence: Covers 25 years of retirement (age 60-85).

Goal Setting: ₹31,920 monthly savings is achievable with ₹80,000 income.

Anjali, a Mumbai-based marketing manager, used our calculator to plan her ₹8,00,000 annual retirement expenses, targeting a ₹8,87,12,661 corpus by 60.

Account for Inflation

Inflation in India (5-7%) significantly increases future expenses, making early planning essential.

Future Costs: 6,00,000 today becomes ₹34,46,085 in 30 years at 6%.

Real Returns: 8% return adjusted to 1.89% after 6% inflation.

Long-Term Planning: ₹6,65,34,496 corpus sustains 25 years of expenses.

Vikram, a Hyderabad-based IT professional, adjusted his ₹5,00,000 expenses for 6% inflation, planning ₹42,920 monthly contributions for a ₹8,31,68,120 corpus.

Optimize Savings

Our calculator helps you determine affordable monthly contributions to meet your retirement goals.

Affordable Contributions: ₹31,920 monthly fits ₹50,000-₹80,000 budgets.

Investment Growth: 8% return grows ₹1,14,91,200 contributions to ₹6,65,34,496.

Adjustable Inputs: Test 6-10% returns for mutual funds, FDs.

Anjali increased her ₹25,000 monthly savings to ₹35,000 after seeing her ₹8,87,12,661 corpus need, ensuring a comfortable retirement.

Tailored for Indian Users

Our calculator reflects Indian retirement needs (₹5-10 lakh/year expenses), investment options (6-10% returns), and inflation (5-7%). It’s free and user-friendly.

Indian Context: ₹6,00,000 expenses suit urban middle-class lifestyles.

Flexible Planning: Adjust for ₹5,00,000 or ₹10,00,000 expenses.

Accessible: Clear results and chart for all users.

From young professionals to nearing retirees, our Retirement Calculator empowers you to secure your future. Start using it above to plan your retirement today!