Retirement Calculator – Plan Your Retirement Corpus
The retirement calculator helps you estimate how much money you need to accumulate by retirement to maintain your current lifestyle. It factors in inflation, your current expenses, expected returns, and life expectancy to give you a comprehensive retirement plan.
Retirement Corpus Needed (Future ₹)
₹6.82 Cr
Corpus in Today's Value
₹1.19 Cr
The future corpus looks higher due to 6% inflation over 30 years. In today's purchasing power, this is what you'd actually need.
Monthly SIP Needed to Reach Corpus
₹19,316/month
What Your Results Mean
The retirement corpus is the total amount you need saved by your retirement date. The monthly expense at retirement shows what your current expenses will cost after inflation. The monthly investment needed tells you how much to save starting now. If the required monthly investment seems too high, consider extending your working years or reducing planned expenses.
What This Calculator Does
Enter your current age, retirement age, monthly expenses, expected inflation, pre-retirement and post-retirement returns, and life expectancy. The calculator projects your retirement corpus requirement and shows whether you're on track.
How the Calculation Works
The calculator first projects your monthly expenses at retirement by adjusting for inflation. Then it calculates the total corpus needed to sustain those expenses throughout retirement, considering post-retirement returns. The result is the lump sum you need at the time of retirement.
Calculation Logic (Simplified)
Monthly expense at retirement = Current Expense × (1 + inflation)^years. Corpus needed = PV of annuity of retirement expenses over post-retirement years at post-retirement real return rate.Example Calculation
If you're 30, plan to retire at 60, spend ₹50,000/month now, with 6% inflation and 10% pre-retirement return: you'd need approximately ₹5.7 crore at retirement.
When to Use This Calculator
- You want to know how much corpus you need to retire comfortably at a specific age
- You're evaluating whether your current savings rate is sufficient for retirement
- You need to understand how inflation will affect your retirement expenses
- You're comparing different retirement ages to find the right balance
Common Mistakes to Avoid
- Underestimating inflation — using 4% instead of 6% can make your corpus target look deceptively achievable
- Ignoring healthcare costs which inflate at 10–12% annually in India, faster than general CPI
- Planning for only 20 years of retirement — with rising life expectancy, plan for at least 25–30 years
- Not accounting for lifestyle inflation — your expenses at 60 may be higher than today's expenses adjusted for CPI alone
- Assuming EPF or pension alone will cover retirement — most people need additional investments
Benefits & Use Cases
- Get a clear retirement savings target
- Understand the impact of inflation on retirement expenses
- Plan early to leverage compounding
- Compare different retirement scenarios
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Assumptions and Limitations
Assumptions
- Current monthly expenses grow at a constant inflation rate until retirement
- Pre-retirement and post-retirement return rates are constant throughout
- Expenses remain steady (in real terms) throughout the retirement period
- No additional income sources (pension, rental income) are factored in
Limitations
- Healthcare and education costs often inflate faster than the general CPI used here
- The calculator assumes a single inflation rate — in reality, different expenses inflate differently
- Pension income, EPF corpus, and other retirement benefits are not subtracted from the requirement
- Tax on investment returns and withdrawals during retirement is not modeled
- Lifestyle changes in retirement (travel, downsizing) are not accounted for
Frequently Asked Questions
What to Do Next
Now that you have your results, explore related tools to refine your financial plan. Try comparing different scenarios or use our other calculators for a more complete picture.
Disclaimer: These calculations are for educational and planning purposes only. Actual investment returns vary based on market conditions, product choice, fees, taxes, and individual circumstances. This tool does not constitute financial advice. Consider consulting a qualified financial advisor for decisions specific to your situation.