Make room for what matters
Retirement Planner
Enter what you spend now and what you are already putting aside. This planner inflates today's spending to your retirement date, sizes the corpus needed to fund it through retirement, and compares that with what your current saving is on track to reach.
Enter your details below. Your estimate updates as you explore, and you can check the calculation behind it.
Your planning workspaceMake the numbers yours.
Start with the defaults, then adjust your details.
View your estimateHow this planner works
Anyone who wants a defensible number rather than a rule of thumb — whether retirement is thirty years away or five. It works equally well as a sanity check on saving you have already started.
Method
Real-return annuity
The corpus is sized so it can fund an income stream that itself keeps rising with inflation. What matters is therefore how far the post-retirement return beats inflation, not the nominal rate on its own. The commoner shortcut — applying the nominal return with no inflation after retirement — assumes your spending stops rising the day you stop working, and produces a corpus that is materially too small.
Your current monthly spending is multiplied by the share you expect to still need, then inflated to your retirement date. Planning against today's prices is the single most common way a retirement number comes out far too small.
That inflated figure is what the corpus has to pay out, every month, from your retirement age until the age you asked the corpus to last. The requirement is the amount needed at retirement to fund exactly that.
Separately, your existing savings are grown to retirement at the assumed pre-retirement return, and your monthly contribution is projected over the same period. Together those give the projected corpus.
The difference between the two is the shortfall or surplus. The required monthly contribution is then what reaching the corpus would take from here — which is the figure most people actually act on.
Every rate on this page is an assumption you can change, and each one is labelled with whether you set it or we defaulted it. Nothing here is a forecast of markets or inflation.
What this does not tell you
- It assumes a steady return every year. Real markets do not deliver an average annually, and the order in which good and bad years arrive matters a great deal in the first years of drawing down a corpus.
- Tax is not modelled. Withdrawals from EPF, NPS, equity funds and debt funds are taxed differently, and the treatment can change.
- No pension, annuity, rental income or property sale is counted. If you expect income in retirement from any of those, the corpus you need from savings is smaller than shown.
- Healthcare is not treated separately, though medical costs have historically risen faster than general inflation in India. If that concerns you, model it by raising the lifestyle share or the inflation rate.
- It says nothing about which products to hold. What you invest in, and how the corpus is structured at retirement, are decisions this planner does not make.
Frequently asked questions
Calculators behind this plan
This planner is built from the same calculations these calculators run. Open one to look at a single piece of the plan in more detail.
SIP Calculator
Project what a fixed monthly mutual fund SIP could grow to at an assumed rate of return.
Open calculatorGoal-Based SIP Calculator
Start from the amount you need and work backwards to the monthly investment it requires.
Open calculatorInflation Calculator
See what today's money would cost in future, and what it would still buy if left uninvested.
Open calculatorCompound Interest Calculator
Combine a starting amount with regular contributions to see how compounding builds on both.
Open calculatorOther planners
All plannersEmergency Fund Planner
Size an emergency fund against your essential monthly spending, see how many months you are already covered for, and what closing the gap would take each month.
Open plannerPrepay or Invest Planner
Compare paying extra into a loan against investing the same money, with the interest saved and the projected corpus side by side under assumptions you set.
Open plannerHome Purchase Planner
See what a property might cost by the time you buy, what the deposit would take to save, and what the loan on the remainder would cost each month.
Open plannerEducation Planner
Estimate what a course will cost by the time it starts, what your current saving reaches by then, and the monthly contribution the fee would need.
Open planner
Disclaimer
These planners are provided for general information and planning only, and are not investment, tax or legal advice. Every figure is an estimate produced from the assumptions you enter, each of which is listed on the page — they are not forecasts of markets, inflation, property prices or fees, none of which can be predicted. Market-linked investments can lose value and past returns say nothing about future ones. Nothing here recommends a product or a course of action. For advice on your own situation, speak to a qualified professional, several of whom you can consult on Finvestalk.