Retirement calculator
Retirement needs a sum large enough to pay your monthly expenses, rising with prices, for as long as retirement lasts, while what is left keeps earning.
The sum needed at retirement for your expenses, and the SIP that builds it
Your figures
1870
4080
60100
₹
₹1,000₹10,00,000
₹
₹0₹10,00,00,000
%
1%15%
%
1%30%
%
1%20%
Sum needed at retirement₹7.6 Cr
- Your savings
- ₹1,49,79,961
- Built by the SIP
- ₹6,13,28,218
- Sum needed at retirement
- ₹7,63,08,179
- Monthly SIP from today
- ₹17,374
- Monthly expenses when you retire
- ₹2,87,175
- Your savings by then
- ₹1,49,79,961
Age 30Retire at 60Age 85
- Saving, 30 years
- Drawing on it, 25 years
What if
Retire 5 years later
₹8,36,73,288
₹73,65,109 higher
Spend ₹10,000 less a month
₹6,10,46,543
₹1,52,61,636 lower
Prices rising 1% slower
₹5,11,17,148
₹2,51,91,031 lower
How it is worked out
Your monthly expenses are inflated to the day you retire. The sum needed then is every month's expense of retirement, each rising with inflation, discounted at the return the sum earns after retirement.
Your savings so far grow at the return before retirement; the monthly SIP closes the gap, worked out as on the goal calculator.