Retirement Calculator - Plan Your Financial Freedom
Calculate how much corpus you need for retirement and the monthly SIP required to achieve it. Plan your retirement with inflation-adjusted estimates.
Calculate Retirement
Your current age
Age at which you plan to retire
Your current monthly household expenses
Average inflation rate in India
Expected annual return on investments
Current retirement savings/investments
Corpus Needed at Retirement
₹0
Monthly SIP Required
₹0
Total Investment
₹0
Wealth at Retirement
₹0
Breakdown
How to Use This Retirement Calculator
Using our Retirement Calculator is simple and takes just a few seconds. Enter your values using the sliders or input fields above, and the results will update instantly — no need to click a calculate button.
All calculations are performed in your browser using standard financial formulas. Your data is never stored or transmitted to any server, ensuring complete privacy.
The results shown are estimates based on the inputs you provide. For precise figures, consult with your bank or financial advisor. Use this tool for quick comparisons, planning, and understanding how different variables affect your financial outcomes.
Formula & Explanation
Corpus = Monthly Expense × 12 × (1 + inflation)^years / withdrawal_rateThe retirement corpus is calculated by projecting your current monthly expenses to retirement age using expected inflation, then dividing by a safe withdrawal rate (typically 4%). The monthly SIP needed is derived using future value of annuity formula considering expected returns.
Calculation Examples
Early Starter (Age 25)
₹40,000/month expenses, retire at 60, 6% inflation, 10% returns
Corpus Needed: ₹6.94 Cr | Monthly SIP: ₹20,500
Mid-Career Professional (Age 35)
₹60,000/month expenses, retire at 60, 6% inflation, 10% returns
Corpus Needed: ₹6.20 Cr | Monthly SIP: ₹45,800
Late Planner (Age 45)
₹75,000/month expenses, retire at 60, 6% inflation, 12% returns
Corpus Needed: ₹5.39 Cr | Monthly SIP: ₹1,05,000
Benefits
- Inflation-adjusted corpus estimation
- Personalized SIP recommendation
- Accounts for existing savings
- Helps set clear financial goals
- Enables early planning for financial freedom
Use Cases
- Determining retirement corpus target
- Calculating monthly SIP for retirement
- Comparing early vs late retirement scenarios
- Assessing impact of inflation on retirement
- Planning for early retirement (FIRE)
About Retirement Calculator
Our Retirement Calculator helps you estimate the corpus needed for a comfortable retirement in India. It factors in inflation, expected investment returns, and your current savings to determine the monthly SIP required. Start planning early to leverage the power of compounding and secure your financial independence.
Frequently Asked Questions
The corpus depends on your lifestyle and expenses. A common rule is to accumulate 25-30 times your annual expenses at retirement. For example, if your monthly expense is ₹50,000 today and you retire in 30 years with 6% inflation, you'd need approximately ₹5-6 Crores.
The 4% rule suggests you can safely withdraw 4% of your retirement corpus annually without running out of money for 25-30 years. In India, considering higher inflation, a 3-3.5% withdrawal rate is often recommended for added safety.
The earlier the better. Starting at age 25 vs 35 can reduce your required monthly SIP by nearly half due to compounding. Even small amounts invested early grow significantly over 30+ years.
Absolutely. India's average inflation is 6-7%. An expense of ₹50,000/month today will become approximately ₹1.6 Lakhs/month in 20 years at 6% inflation. Ignoring inflation is the biggest retirement planning mistake.