Retirement Calculator
Estimate tomorrow’s living costs and the monthly investment needed to fund them.
Results are estimates for illustration only and are not financial, tax or investment advice. Disclaimer
Your inputs
Range 25 to 60
Range 50 to 70
Range ₹20,000 to ₹2L
Range 3% to 8%
Range 70 to 100
Range 4% to 20%
Range 4% to 12%
Range ₹0 to ₹10Cr
Retirement age must exceed your current age, and your planning age must exceed retirement age. Dependent ages adjust automatically.
Required monthly SIP: ₹21,762. Corpus needed at retirement: ₹7,68,17,453
Results
Required monthly SIP
₹21,762
Corpus needed at retirement
₹7,68,17,453
Monthly expenses at retirement
₹2,87,175
Existing savings at retirement
₹0
Corpus gap
₹7,68,17,453
Share or save this calculation
Links and reports include your current inputs. Saved calculations stay on this device.
Growth over time
Year-wise breakdown
| Year | Age | Savings + contributions | Returns this year | Projected balance |
|---|---|---|---|---|
| 1 | 31 | ₹2,61,142 | ₹17,612 | ₹2,78,755 |
| 2 | 32 | ₹5,22,284 | ₹52,966 | ₹5,92,862 |
| 3 | 33 | ₹7,83,427 | ₹92,802 | ₹9,46,807 |
| 4 | 34 | ₹10,44,569 | ₹1,37,691 | ₹13,45,640 |
| 5 | 35 | ₹13,05,711 | ₹1,88,273 | ₹17,95,056 |
| 6 | 36 | ₹15,66,853 | ₹2,45,270 | ₹23,01,469 |
| 7 | 37 | ₹18,27,995 | ₹3,09,496 | ₹28,72,107 |
| 8 | 38 | ₹20,89,138 | ₹3,81,868 | ₹35,15,117 |
| 9 | 39 | ₹23,50,280 | ₹4,63,417 | ₹42,39,676 |
| 10 | 40 | ₹26,11,422 | ₹5,55,310 | ₹50,56,128 |
| 11 | 41 | ₹28,72,564 | ₹6,58,856 | ₹59,76,126 |
| 12 | 42 | ₹31,33,706 | ₹7,75,535 | ₹70,12,803 |
| 13 | 43 | ₹33,94,849 | ₹9,07,011 | ₹81,80,957 |
| 14 | 44 | ₹36,55,991 | ₹10,55,163 | ₹94,97,262 |
| 15 | 45 | ₹39,17,133 | ₹12,22,103 | ₹1,09,80,507 |
| 16 | 46 | ₹41,78,275 | ₹14,10,216 | ₹1,26,51,865 |
| 17 | 47 | ₹44,39,417 | ₹16,22,186 | ₹1,45,35,193 |
| 18 | 48 | ₹47,00,560 | ₹18,61,039 | ₹1,66,57,374 |
| 19 | 49 | ₹49,61,702 | ₹21,30,184 | ₹1,90,48,700 |
| 20 | 50 | ₹52,22,844 | ₹24,33,464 | ₹2,17,43,307 |
| 21 | 51 | ₹54,83,986 | ₹27,75,208 | ₹2,47,79,657 |
| 22 | 52 | ₹57,45,128 | ₹31,60,293 | ₹2,82,01,093 |
| 23 | 53 | ₹60,06,271 | ₹35,94,217 | ₹3,20,56,452 |
| 24 | 54 | ₹62,67,413 | ₹40,83,173 | ₹3,64,00,767 |
| 25 | 55 | ₹65,28,555 | ₹46,34,141 | ₹4,12,96,050 |
| 26 | 56 | ₹67,89,697 | ₹52,54,985 | ₹4,68,12,177 |
| 27 | 57 | ₹70,50,839 | ₹59,54,568 | ₹5,30,27,888 |
| 28 | 58 | ₹73,11,982 | ₹67,42,876 | ₹6,00,31,906 |
| 29 | 59 | ₹75,73,124 | ₹76,31,161 | ₹6,79,24,209 |
| 30 | 60 | ₹78,34,266 | ₹86,32,102 | ₹7,68,17,453 |
How this estimate works
- Today’s expenses increase with inflation until retirement. The corpus funds inflation-adjusted living costs until your selected planning age, with spending at the start of each month.
- Post-retirement return is adjusted for inflation using (1 + return) ÷ (1 + inflation) − 1 and converted to an equivalent monthly rate.
- Existing savings compound annually. New SIPs are invested at the start of each month using the pre-retirement return divided by 12. The SIP covers only the remaining corpus gap.
- No pension, taxes, fees, inheritance target or emergency reserve is included. Returns and inflation are assumptions rather than guarantees.
Saved calculations
Last 10 per calculator, stored only on this device.
Save a calculation to return to it later.
How the retirement calculator works
The retirement calculator estimates the corpus needed to cover your living costs from retirement to your chosen planning age, and the monthly SIP that could build it. Expenses grow with inflation until you retire and keep rising during retirement.
Who this helps
For people estimating the savings gap between today’s resources and future retirement living expenses.
Formula
Monthly real return = ((1 + post-retirement return) ÷ (1 + inflation))^(1/12) − 1
The corpus is the value at retirement of all future monthly expenses, discounted at this inflation-adjusted return.
Worked example
At age 30, with monthly expenses of ₹50,000 and retirement at 60, 6% inflation lifts expenses to about ₹2,87,175 a month. Funding them until age 85 needs a corpus of about ₹7,68,17,453, which a monthly SIP of ₹21,762 could build at 12% a year.
Based on this calculator’s default inputs.
Frequently asked questions
How much money do I need to retire in India?
It depends on your expenses, inflation, the years left to retirement and how long the money must last. In the example above, ₹50,000 of monthly expenses today needs a corpus of about ₹7,68,17,453. Change the inputs to see your own estimate.
Why do my expenses at retirement look so high?
Inflation compounds over decades. At 6% a year, today’s ₹50,000 becomes about ₹2,87,175 a month by age 60, and costs keep rising after that.
Do my existing savings reduce the SIP I need?
Yes. Enter Current savings in the main input panel. Existing savings grow annually at the pre-retirement return, and the new SIP covers only the remaining gap.
What return should I assume after retirement?
Test several post-retirement return assumptions, including a lower one, to see how the required corpus changes. The calculator uses a separate post-retirement return; it does not recommend an investment allocation.
Does the calculator include pension or EPF?
No. Pension income, EPF, taxes and emergency reserves are not included. You can reduce monthly expenses by the pension you expect, or add EPF and other balances to current savings.
Model and timing
Expenses and new SIP contributions occur at the start of the month. Annual expense inflation and post-retirement return are entered as percentages, then converted to decimals in the real-return formula. Existing savings compound annually; new SIPs use nominal annual return divided by 12.
Before using the estimate
Returns and inflation stay constant, and the chosen planning age is an assumption. Taxes, changing health costs, emergency reserves and pension income are not modeled separately. Avoid counting the same pension or EPF balance twice when adjusting expenses or current savings.
Try a useful comparison
Enter current savings in the main panel. Test higher inflation, lower returns and a later planning age to see the gap change. Save a scenario or prepare a report; the estimate does not prescribe an investment allocation.
Results are estimates for illustration only and are not financial, tax or investment advice.