Retirement Savings Calculator

Your Details & Goals

Current Age Your current age in years.

Retirement Age Goal: 60 years The age at which you plan to retire.

Current Retirement Savings The total amount you have already saved for retirement.

₹

Monthly Contribution: ₹10,000 The amount you plan to save each month.

Expected Annual Rate of Return (%) The average annual return on your investments (e.g., from stocks, mutual funds).

%

Expected Annual Inflation Rate (%) The rate at which prices for goods and services are expected to rise.

%

Desired Monthly Income in Retirement (Today's Value) The monthly income you would need to live comfortably today. This will be adjusted for inflation.

₹

Life Expectancy The age until which you need your retirement fund to last.

Select Currency Choose your preferred currency for calculations. Indian Rupee (₹) US Dollar ($) Euro (€) British Pound (£)

Your Retirement Projection

Corpus Needed

₹0

Projected Corpus

₹0

Retirement Gap

₹0

Savings Growth Over Time

Contribution vs. Interest

Know Your Retirement Plan

Retirement planning involves a simple principle: compounding interest. By saving consistently, your money grows exponentially over time. Our calculator helps you visualize this growth while accounting for inflation, a crucial factor that erodes the purchasing power of your savings.

Key Concepts:

• Inflation-Adjusted: We account for inflation to calculate your future expenses and show the real value of your savings.
• Rate of Return : The higher the expected return on your investments, the faster your money will grow.
• Retirement Corpus: The total amount of money you will need to have saved by your retirement age to fund your desired lifestyle.

For more details, check out these related tools and articles. What is a SIP?

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