🏖️ Retirement Planning Calculator
Plan your financial independence - calculate required retirement corpus, monthly savings, and withdrawal strategy for a secure future.
📝 Personal Details
💰 Monthly Expenses
🏦 Existing Investments
📈 Return Assumptions
📉 Inflation & Withdrawal
4% is considered safe withdrawal rate
Required Retirement Corpus
₹ 0
at age 60
Monthly Savings Needed
₹ 0
for next 30 years
Monthly Expense at Retirement
₹ 0
+6% inflation for 30 yrs
Corpus Shortfall/Surplus
₹ 0
with current savings
Years Corpus Will Last
30 years
till age 90
Retirement Projection
📚 Retirement Planning Guide
1. 4% Rule
The safe withdrawal rate. You can withdraw 4% of your corpus annually adjusted for inflation, and it should last 30 years.
2. Inflation Impact
At 6% inflation, your ₹50,000 monthly expense becomes ₹2.87 lakhs after 30 years. Plan accordingly.
3. Asset Allocation
Pre-retirement: More equity (60-70%). Post-retirement: Shift to debt (60-70%) for stability.
📐 How Retirement Calculator Works
Calculation Steps:
- Step 1: Calculate future monthly expense at retirement using inflation
- Step 2: Calculate annual expense at retirement (×12)
- Step 3: Determine required corpus using post-retirement return and withdrawal period
- Step 4: Calculate monthly savings needed using pre-retirement return
📊 Example Scenario
Age 30, Retire at 60, Life Expectancy 85
- Current expenses: ₹50,000/month, Inflation 6%, Pre-return 10%, Post-return 7%
- Expense at 60: ₹2.87 lakhs/month
- Required Corpus: ₹8.2 Crores
- Monthly savings needed: ₹38,500
❓ Frequently Asked Questions
What is the 4% rule?
The 4% rule suggests you can withdraw 4% of your retirement corpus in the first year, adjust for inflation annually, and have your money last 30 years.
How much corpus do I need for retirement?
A common rule is 25-30 times your annual expenses at retirement. For monthly expense of ₹1 lakh, you need ₹3-3.6 crores.
What is FIRE?
Financial Independence, Retire Early - a movement where people save aggressively to retire in their 40s or 50s.
⚠️ Disclaimer: This calculator provides estimates based on entered values. Actual results may vary based on market conditions and life changes.