Retirement Calculator
Find out how much you need to save to retire comfortably. Factors in inflation, investment returns, and post-retirement expenses.
Retirement Profile
Worked Example
A 30-year-old with Rs. 500,000 saved, investing Rs. 15,000 a month at 12% until 60, wants Rs. 100,000 a month in today's money. With 8% inflation that becomes Rs. 1,006,265.69 a month by 60, and paying it for 20 years at an 8% return needs about Rs. 120,303,381.70 at retirement. The plan would reach about Rs. 70,923,527.28, so the monthly saving needed rises to Rs. 28,988.97.
How to Interpret the Result
Inflation does most of the damage: at 8% a year, prices roughly double every nine years. Small changes in the return or the retirement age move the result a lot, so test several cases.
Common Mistakes
Ignoring inflation. Assuming high returns continue after retirement, when most people move to safer, lower-return investments. Leaving out healthcare costs and support for family.
Learn the Method
Free lessons that explain the ideas behind this calculator: