Retirement Calculator
See if your current savings and investment plan will sustain your lifestyle after retirement.
How does this retirement calculator work?
Enter your current age, retirement age, life expectancy, current corpus, monthly contribution, and expected return to estimate your retirement corpus and monthly sustainable withdrawal.
Method
During accumulation, contributions compound monthly until retirement. During retirement, the corpus supports monthly withdrawals based on your chosen withdrawal rate of the corpus at retirement.
Monthly = (Corpus × Withdrawal Rate) / 12 A lower withdrawal rate reduces the risk of running out of funds; a higher rate supports a more comfortable lifestyle but increases the risk of depletion.
Why use a retirement calculator?
- See if current savings and SIP may cover retirement spending
- Spot a shortfall and how much more you might need to save
- Try retiring a few years later to see the effect
- Adjust monthly savings to match your target
Note: Projections assume constant returns and withdrawals. Real markets and expenses vary. Not SEBI registered. Not investment advice.
Retirement Calculator: guide and FAQ
What is it?
This tool checks whether your current savings and monthly contributions might support your spending after you stop working. It estimates corpus at retirement age and compares it to a monthly withdrawal you enter.
How to use this calculator
- Enter age and retirement target Enter your age today, when you plan to retire, and how long you expect to live (for planning purposes).
- Add current corpus and monthly savings Include EPF, PPF, mutual funds, and other retirement savings. Add the SIP or savings you can keep up until retirement.
- Set return and withdrawal assumptions Use a return you believe is realistic while working, and a withdrawal rate after retirement (often discussed around 3-5% of corpus per year).
- Check on-track vs shortfall See if the projected corpus meets your monthly need. If not, try more savings, a later retirement age, or lower expenses.
Worked example
Age 30, retire at 60, ₹5 lakh saved today, ₹15,000/month at 12%: the tool shows if that path matches the monthly amount you need after retirement.
Practical tips
- ₹1 lakh per month today will not buy the same basket of goods in 20 years. Factor inflation into expenses.
- Keep an emergency fund separate so you do not sell retirement investments in a market dip.
Frequently asked questions
How much corpus do I need to retire in India?
A rough rule some use is 25-30 times yearly expenses at retirement, plus inflation. Your number depends on city, health costs, and lifestyle.
Should I include EPF and NPS?
Yes, if you count them as part of retirement money.
What withdrawal rate is safe?
There is no single safe rate. This tool uses what you enter. Many discussions use roughly 3.5-4.5% of corpus per year.