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Retirement Savings Calculator

Estimate how big a retirement fund you might need and how much to save each month to get there. Enter your age, when you want to retire, how long the money should last, today's monthly expenses and your assumptions for inflation and investment returns. The calculator inflates your expenses to retirement, works out the corpus that can pay them until your chosen age and the monthly saving that closes any gap.

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Plan Your Retirement Savings

Every figure here comes from your assumptions about inflation and returns, held constant for decades. Small changes make big differences, so try several scenarios. Not financial advice.

How to Use the Retirement Savings

  1. Enter your current age, retirement age and the age to plan until.
  2. Enter today's monthly expenses and current retirement savings.
  3. Set the inflation rate and the expected returns before and after retirement.
  4. Press Calculate and read the corpus, monthly saving and drawdown table.

About This Tool

Working people starting retirement planning, couples checking whether they are on track, and anyone exploring early retirement scenarios.

Input: Numbers  ·  Output: Corpus and monthly saving.

Features and Limitations

Features

  • Inflates expenses to your retirement date.
  • Corpus based on inflation-rising withdrawals and post-retirement returns.
  • Counts the growth of your existing savings.
  • Monthly saving needed and a year-by-year drawdown table.

Limitations

  • Rates are constant assumptions; markets and inflation are not.
  • Pensions, EPF, rental income, taxes and large one-off expenses are not included.
  • The corpus is planned to run out exactly at the 'plan until' age, leaving no buffer.
  • Not financial advice; consider a qualified planner for a full retirement plan.
  • Results are computed in your browser; nothing you enter is sent to a server.

Example

A 30-year-old spending ₹50,000 a month today, retiring at 60 and planning until 85 with 6% inflation, 10% returns before and 7% after retirement, would need a corpus of roughly ₹8.5 crore at 60. With ₹5 lakh already saved, the monthly saving needed is around ₹27,000.

Frequently Asked Questions

How is the retirement corpus calculated?

Your yearly expenses at retirement are E = monthly expenses × 12 × (1 + inflation)^years to retire. The corpus is the amount that can pay E in the first year, rising with inflation every year, until your planned age, while the remainder earns the post-retirement return.

Why do I need such a large amount?

Inflation over 20–30 years multiplies today's expenses several times, and the money has to last for many years of retirement. Starting earlier lowers the monthly saving needed a lot.

What return should I assume?

Use conservative, after-fee estimates. Lower returns after retirement are common because portfolios usually become safer.

Does this include my pension or EPF?

Only if you enter it as current savings. Expected pension income can be handled by reducing the monthly expenses you enter.

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