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Calculate retirement corpus with goal-based planning, inflation adjustment & yearly breakdown. Plan early retirement or traditional retirement with our advanced calculator. Free & accurate!
Annual: $120.00K
Aggressive growth phase
Balanced approach
Capital preservation
Add specific retirement goals and expenses
Year-by-year breakdown of your retirement plan
Calculate sustainable withdrawal rates
Real purchasing power calculations
A Retirement Calculator is a comprehensive financial planning tool that helps you determine how much money you need to save for a comfortable retirement. It calculates your retirement corpus based on your current age, retirement age, monthly expenses, savings, expected returns, and inflation to show you if you're on track to meet your retirement goals.
Retirement planning is the process of determining retirement income goals and the actions necessary to achieve those goals. It involves identifying sources of income, estimating expenses, implementing a savings program, and managing assets and risk. The earlier you start, the more time your money has to grow through compound interest.
Our advanced retirement calculator uses a two-phase approach: Accumulation Phase (before retirement) where your savings grow with contributions and investment returns, and Withdrawal Phase (after retirement) where you draw down your corpus while it continues to earn returns. The calculator factors in inflation, employer contributions, pension income, one-time expenses, and provides year-wise breakdown showing exactly how your retirement corpus evolves over time.
A common rule of thumb is to have 25-30 times your annual expenses saved for retirement. For example, if you need ₹50,000 per month (₹6 lakh/year), you should aim for ₹1.5-1.8 crore. However, this varies based on your lifestyle, inflation expectations, life expectancy, and other income sources like pension or rental income.
The 4% rule suggests you can withdraw 4% of your retirement corpus annually (adjusted for inflation) without running out of money for 30 years. For a ₹1 crore corpus, this means ₹4 lakh per year or ₹33,333 per month. This rule assumes a balanced portfolio with 50-60% equity and 40-50% debt.
The earlier, the better! Ideally, start in your 20s when you get your first job. Starting at 25 vs 35 can make a difference of crores due to compound interest. For example, investing ₹10,000/month from age 25 to 60 at 12% return gives ₹5.3 crore, while starting at 35 gives only ₹2.1 crore.
Calculate retirement corpus by: 1) Estimate monthly expenses at retirement (adjusted for inflation), 2) Multiply by 12 for annual expenses, 3) Divide by safe withdrawal rate (typically 4-5%), 4) Add one-time expenses (medical, travel), 5) Subtract other income sources (pension, rental). Our calculator does this automatically with detailed projections.
Pre-retirement (accumulation phase): 10-12% with equity-heavy portfolio. Post-retirement (withdrawal phase): 7-8% with conservative balanced portfolio. These are realistic long-term averages. Our calculator lets you adjust these based on your risk appetite and investment strategy.
Retirement age is when you stop working (typically 60-65), while life expectancy is how long you expect to live (typically 80-90). The gap between these two is your retirement duration - the period your corpus needs to last. Planning for 25-30 years post-retirement is recommended to avoid outliving your savings.
Yes! Employer contributions (like EPF, NPS, or 401k matching) significantly boost your retirement corpus. Our calculator has a dedicated field for employer contributions. For example, if you save ₹10,000/month and employer adds ₹5,000, your total monthly contribution becomes ₹15,000, substantially increasing your final corpus.
Inflation erodes purchasing power over time. If you need ₹50,000/month today, with 6% inflation, you'll need ₹1.6 lakh/month in 20 years for the same lifestyle. Our calculator factors in inflation for both accumulation and withdrawal phases, showing realistic corpus requirements and post-retirement income.
One-time expenses are large costs you expect at or near retirement: medical emergencies, home renovation, children's wedding, dream vacation, vehicle purchase, or debt clearance. Our calculator lets you add these separately so your regular monthly expenses remain accurate. Plan for ₹10-20 lakh minimum for contingencies.
Yes! Early retirement (FIRE - Financial Independence, Retire Early) is achievable with aggressive saving and investing. You'll need a larger corpus since it must last longer. For retiring at 45 instead of 60, you need roughly 1.5-2x more savings. Use our calculator to model different retirement ages and see the impact on required savings.
Absolutely! If you have a government pension, NPS annuity, or private pension plan, include it in the "Other Monthly Income" field. This reduces the corpus you need to build. For example, if you need ₹80,000/month and have ₹30,000 pension, you only need corpus to generate ₹50,000/month.
Review annually or when major life events occur (job change, salary hike, marriage, children). Adjust your savings rate, expected returns, and retirement goals based on actual performance and changing circumstances. Use our calculator each time to recalibrate your plan and stay on track.
Disclaimer: This retirement calculator provides estimates based on assumed rates of return and inflation. Actual results may vary based on market conditions, investment choices, and personal circumstances. This tool is for educational purposes only and should not be considered financial advice. Consult a certified financial planner for personalized retirement planning guidance.