Retirement Calculator
Plan your retirement corpus
Retirement Planning
Retirement Plan
Years to Retirement
30 years
Monthly Expense at Retirement
₹287,175
Corpus Needed
₹4.29 Cr
Monthly SIP Required
₹12,165
Start investing ₹12,165/month for 30 years
Why Retirement Planning?
Retirement planning ensures you maintain your lifestyle after you stop working. With increasing life expectancy and rising costs, you need a substantial corpus to fund 20-30 years of retirement without regular income.
Key Factors
• Life Expectancy: Indians now live 75-80 years on average, plan accordingly
• Inflation: Your ₹50,000 monthly expense today will be ₹1.5 lakh in 20 years at 6% inflation
• Healthcare: Medical costs rise 10-12% annually, keep separate health corpus
• No Regular Income: Can't rely on salary, need corpus to generate income
Retirement Corpus Formula
This calculator uses present value of future expenses adjusted for inflation during retirement years. It calculates how much you need at retirement to fund all future expenses.
Rule of Thumb: Need 25-30 times your annual expenses as retirement corpus
Example: ₹6 lakh annual expense = Need ₹1.5-1.8 crore corpus
Investment Strategy
• Age 20-40: Aggressive (80% equity, 20% debt) for maximum growth
• Age 40-50: Balanced (60% equity, 40% debt) reduce risk gradually
• Age 50-60: Conservative (40% equity, 60% debt) protect capital
• Post Retirement: Income-focused (20% equity, 80% debt/FD) for stability
Pro Tips
• Start Early: ₹5,000/month from age 25 beats ₹20,000/month from age 40
• Increase SIP: Raise investment by 10% annually with salary hikes
• EPF + NPS: Utilize employer contributions and tax benefits
• Health Insurance: ₹10-20 lakh cover to protect retirement corpus
• Debt-Free: Clear all loans before retirement for lower expenses
Frequently Asked Questions
What does 'retirement corpus' mean?
It is the total amount of money you need to have saved up by the time you retire so that you can generate enough income to cover your living expenses for the rest of your life, accounting for inflation.
Why does inflation matter so much in retirement?
Because over a 20-30 year retirement period, inflation will drastically reduce the purchasing power of your money. If your retirement corpus isn't growing at a rate higher than inflation, you risk outliving your savings.