Retirement Calculator
Plan your retirement with confidence. Calculate the corpus you need, see if your current savings are on track, and find out how much more to invest monthly.
Required Corpus
₹5,63,48,674
Projected Corpus
₹6,79,28,668
Monthly Expenses at Retirement
₹2,87,175
You're on track! Your projected corpus exceeds the required amount by ₹1,15,79,994.
Retirement Corpus
₹5,63,48,674
| Year | Corpus | Annual Expenses |
|---|---|---|
| Age 31 | ₹7,61,600 | ₹6,36,000 |
| Age 32 | ₹10,54,592 | ₹6,74,160 |
| Age 33 | ₹13,82,743 | ₹7,14,610 |
| Age 34 | ₹17,50,272 | ₹7,57,486 |
| Age 35 | ₹21,61,905 | ₹8,02,935 |
| Age 36 | ₹26,22,934 | ₹8,51,111 |
| Age 37 | ₹31,39,286 | ₹9,02,178 |
| Age 38 | ₹37,17,600 | ₹9,56,309 |
| Age 39 | ₹43,65,312 | ₹10,13,687 |
| Age 40 | ₹50,90,749 | ₹10,74,509 |
| Age 41 | ₹59,03,239 | ₹11,38,979 |
| Age 42 | ₹68,13,228 | ₹12,07,318 |
| Age 43 | ₹78,32,415 | ₹12,79,757 |
| Age 44 | ₹89,73,905 | ₹13,56,542 |
| Age 45 | ₹1,02,52,374 | ₹14,37,935 |
| Age 46 | ₹1,16,84,259 | ₹15,24,211 |
| Age 47 | ₹1,32,87,970 | ₹16,15,664 |
| Age 48 | ₹1,50,84,126 | ₹17,12,603 |
| Age 49 | ₹1,70,95,821 | ₹18,15,360 |
| Age 50 | ₹1,93,48,920 | ₹19,24,281 |
| Age 51 | ₹2,18,72,390 | ₹20,39,738 |
| Age 52 | ₹2,46,98,677 | ₹21,62,122 |
| Age 53 | ₹2,78,64,118 | ₹22,91,850 |
| Age 54 | ₹3,14,09,412 | ₹24,29,361 |
| Age 55 | ₹3,53,80,141 | ₹25,75,122 |
| Age 56 | ₹3,98,27,358 | ₹27,29,630 |
| Age 57 | ₹4,48,08,241 | ₹28,93,408 |
| Age 58 | ₹5,03,86,830 | ₹30,67,012 |
| Age 59 | ₹5,66,34,850 | ₹32,51,033 |
| Age 60 | ₹6,36,32,632 | ₹34,46,095 |
| Age 61 | ₹5,74,10,468 | ₹34,46,100 |
| Age 62 | ₹5,83,50,439 | ₹36,52,866 |
| Age 63 | ₹5,91,46,436 | ₹38,72,038 |
| Age 64 | ₹5,97,73,791 | ₹41,04,360 |
| Age 65 | ₹6,02,05,072 | ₹43,50,622 |
| Age 66 | ₹6,04,09,819 | ₹46,11,659 |
| Age 67 | ₹6,03,54,246 | ₹48,88,359 |
| Age 68 | ₹6,00,00,926 | ₹51,81,660 |
| Age 69 | ₹5,93,08,440 | ₹54,92,560 |
| Age 70 | ₹5,82,31,002 | ₹58,22,113 |
| Age 71 | ₹5,67,18,042 | ₹61,71,440 |
| Age 72 | ₹5,47,13,758 | ₹65,41,727 |
| Age 73 | ₹5,21,56,629 | ₹69,34,230 |
| Age 74 | ₹4,89,78,875 | ₹73,50,284 |
| Age 75 | ₹4,51,05,884 | ₹77,91,301 |
| Age 76 | ₹4,04,55,576 | ₹82,58,779 |
| Age 77 | ₹3,49,37,716 | ₹87,54,306 |
| Age 78 | ₹2,84,53,169 | ₹92,79,564 |
| Age 79 | ₹2,08,93,085 | ₹98,36,338 |
| Age 80 | ₹1,21,38,014 | ₹1,04,26,518 |
| Age | Phase | Corpus | Expenses |
|---|---|---|---|
| 31 | accumulation | ₹7,61,600 | ₹6,36,000 |
| 32 | accumulation | ₹10,54,592 | ₹6,74,160 |
| 33 | accumulation | ₹13,82,743 | ₹7,14,610 |
| 34 | accumulation | ₹17,50,272 | ₹7,57,486 |
| 35 | accumulation | ₹21,61,905 | ₹8,02,935 |
| 36 | accumulation | ₹26,22,934 | ₹8,51,111 |
| 37 | accumulation | ₹31,39,286 | ₹9,02,178 |
| 38 | accumulation | ₹37,17,600 | ₹9,56,309 |
| 39 | accumulation | ₹43,65,312 | ₹10,13,687 |
| 40 | accumulation | ₹50,90,749 | ₹10,74,509 |
| 41 | accumulation | ₹59,03,239 | ₹11,38,979 |
| 42 | accumulation | ₹68,13,228 | ₹12,07,318 |
| 43 | accumulation | ₹78,32,415 | ₹12,79,757 |
| 44 | accumulation | ₹89,73,905 | ₹13,56,542 |
| 45 | accumulation | ₹1,02,52,374 | ₹14,37,935 |
| 46 | accumulation | ₹1,16,84,259 | ₹15,24,211 |
| 47 | accumulation | ₹1,32,87,970 | ₹16,15,664 |
| 48 | accumulation | ₹1,50,84,126 | ₹17,12,603 |
| 49 | accumulation | ₹1,70,95,821 | ₹18,15,360 |
| 50 | accumulation | ₹1,93,48,920 | ₹19,24,281 |
| 51 | accumulation | ₹2,18,72,390 | ₹20,39,738 |
| 52 | accumulation | ₹2,46,98,677 | ₹21,62,122 |
| 53 | accumulation | ₹2,78,64,118 | ₹22,91,850 |
| 54 | accumulation | ₹3,14,09,412 | ₹24,29,361 |
| 55 | accumulation | ₹3,53,80,141 | ₹25,75,122 |
| 56 | accumulation | ₹3,98,27,358 | ₹27,29,630 |
| 57 | accumulation | ₹4,48,08,241 | ₹28,93,408 |
| 58 | accumulation | ₹5,03,86,830 | ₹30,67,012 |
| 59 | accumulation | ₹5,66,34,850 | ₹32,51,033 |
| 60 | accumulation | ₹6,36,32,632 | ₹34,46,095 |
| 61 | withdrawal | ₹5,74,10,468 | ₹34,46,100 |
| 62 | withdrawal | ₹5,83,50,439 | ₹36,52,866 |
| 63 | withdrawal | ₹5,91,46,436 | ₹38,72,038 |
| 64 | withdrawal | ₹5,97,73,791 | ₹41,04,360 |
| 65 | withdrawal | ₹6,02,05,072 | ₹43,50,622 |
| 66 | withdrawal | ₹6,04,09,819 | ₹46,11,659 |
| 67 | withdrawal | ₹6,03,54,246 | ₹48,88,359 |
| 68 | withdrawal | ₹6,00,00,926 | ₹51,81,660 |
| 69 | withdrawal | ₹5,93,08,440 | ₹54,92,560 |
| 70 | withdrawal | ₹5,82,31,002 | ₹58,22,113 |
| 71 | withdrawal | ₹5,67,18,042 | ₹61,71,440 |
| 72 | withdrawal | ₹5,47,13,758 | ₹65,41,727 |
| 73 | withdrawal | ₹5,21,56,629 | ₹69,34,230 |
| 74 | withdrawal | ₹4,89,78,875 | ₹73,50,284 |
| 75 | withdrawal | ₹4,51,05,884 | ₹77,91,301 |
| 76 | withdrawal | ₹4,04,55,576 | ₹82,58,779 |
| 77 | withdrawal | ₹3,49,37,716 | ₹87,54,306 |
| 78 | withdrawal | ₹2,84,53,169 | ₹92,79,564 |
| 79 | withdrawal | ₹2,08,93,085 | ₹98,36,338 |
| 80 | withdrawal | ₹1,21,38,014 | ₹1,04,26,518 |
How the Retirement Calculator Works
This calculator uses a two-phase model:
- Accumulation phase: From now until retirement. Your existing savings grow at the expected return rate, and monthly SIP contributions compound over time.
- Withdrawal phase: From retirement until life expectancy. Your corpus earns post-retirement returns while you withdraw inflation-adjusted expenses annually.
The required corpus is calculated using the present value of annuity formula, accounting for inflation-adjusted expenses during retirement.
How Much Do You Need to Retire in India?
A common rule of thumb is that you need 25-30 times your annual expenses at retirement. But this depends on several factors:
- Inflation: At 6% inflation, today's ₹50,000/month becomes ₹1.6 lakh/month in 20 years
- Healthcare costs: Medical inflation in India runs at 10-14% annually
- Lifestyle: Post-retirement spending may decrease (no commute, kids settled) or increase (travel, hobbies)
- Life expectancy: Rising life expectancy means your money needs to last longer
Retirement Investment Strategy
- Pre-retirement: Equity-heavy portfolio (60-80% equity) for higher returns. Use SIP in index funds, ELSS, and NPS.
- Post-retirement: Shift to conservative allocation. SWP from balanced funds, Senior Citizen Savings Scheme, RBI Floating Rate Bonds, and annuity plans.
FAQ: When should I start planning for retirement?
Start as early as possible. A 25-year-old investing ₹10,000/month at 12% return accumulates ₹3.5 crore by age 60. A 35-year-old investing the same amount accumulates only ₹1 crore. Starting 10 years earlier gives you 3.5x the corpus — that's the power of compounding.
FAQ: Is EPF/PPF enough for retirement?
EPF and PPF alone are rarely sufficient for a comfortable retirement. EPF contributions are limited (12% of basic salary), and the corpus may not keep pace with inflation-adjusted expenses over 20-30 years. Consider them as the fixed-income foundation and supplement with equity investments (SIP in mutual funds, NPS) for inflation-beating growth.