Retirement Planner
Plan your retirement, calculate your target savings corpus, and find the monthly SIP required to retire comfortably.
1. Retirement Parameters
2. Planning Outcomes
Required Monthly Savings (SIP)
₹17,624
Invest this monthly for 30 years to reach your target.
Target Corpus Required
₹68,770,109
Fund needed at retirement Inflated Expenses (Monthly)
₹287,175
Monthly cost at age 60 Action Required
Retirement Savings Strategy
To retire comfortably at age 60 with a target fund of ₹6,87,70,109, you need to invest ₹17,624 every month. Starting early helps compound your wealth faster!
Wealth Projection Curve (Age 30 to 85)
Age-wise Growth & Consumption Plan
Start Period:
| Period | Age | Phase | Savings Added | Expenses | Growth Earned | Corpus Balance |
|---|---|---|---|---|---|---|
| 2026 | Age 30 | Accumulation | ₹17,624 | ₹0 | ₹5,559 | ₹591,436 |
| 2027 | Age 31 | Accumulation | ₹17,624 | ₹0 | ₹8,341 | ₹887,411 |
| 2028 | Age 32 | Accumulation | ₹17,624 | ₹0 | ₹11,457 | ₹1,218,903 |
| 2029 | Age 33 | Accumulation | ₹17,624 | ₹0 | ₹14,947 | ₹1,590,174 |
| 2030 | Age 34 | Accumulation | ₹17,624 | ₹0 | ₹18,856 | ₹2,005,998 |
| 2031 | Age 35 | Accumulation | ₹17,624 | ₹0 | ₹23,233 | ₹2,471,721 |
| 2032 | Age 36 | Accumulation | ₹17,624 | ₹0 | ₹28,136 | ₹2,993,330 |
| 2033 | Age 37 | Accumulation | ₹17,624 | ₹0 | ₹33,627 | ₹3,577,533 |
| 2034 | Age 38 | Accumulation | ₹17,624 | ₹0 | ₹39,778 | ₹4,231,839 |
| 2035 | Age 39 | Accumulation | ₹17,624 | ₹0 | ₹46,666 | ₹4,964,663 |
| 2036 | Age 40 | Accumulation | ₹17,624 | ₹0 | ₹54,381 | ₹5,785,425 |
| 2037 | Age 41 | Accumulation | ₹17,624 | ₹0 | ₹63,021 | ₹6,704,679 |
| 2038 | Age 42 | Accumulation | ₹17,624 | ₹0 | ₹72,699 | ₹7,734,244 |
| 2039 | Age 43 | Accumulation | ₹17,624 | ₹0 | ₹83,538 | ₹8,887,356 |
| 2040 | Age 44 | Accumulation | ₹17,624 | ₹0 | ₹95,677 | ₹10,178,842 |
| 2041 | Age 45 | Accumulation | ₹17,624 | ₹0 | ₹109,273 | ₹11,625,305 |
| 2042 | Age 46 | Accumulation | ₹17,624 | ₹0 | ₹124,501 | ₹13,245,345 |
| 2043 | Age 47 | Accumulation | ₹17,624 | ₹0 | ₹141,556 | ₹15,059,789 |
| 2044 | Age 48 | Accumulation | ₹17,624 | ₹0 | ₹160,658 | ₹17,091,967 |
| 2045 | Age 49 | Accumulation | ₹17,624 | ₹0 | ₹182,052 | ₹19,368,006 |
| 2046 | Age 50 | Accumulation | ₹17,624 | ₹0 | ₹206,013 | ₹21,917,169 |
| 2047 | Age 51 | Accumulation | ₹17,624 | ₹0 | ₹232,849 | ₹24,772,232 |
| 2048 | Age 52 | Accumulation | ₹17,624 | ₹0 | ₹262,906 | ₹27,969,903 |
| 2049 | Age 53 | Accumulation | ₹17,624 | ₹0 | ₹296,570 | ₹31,551,295 |
| 2050 | Age 54 | Accumulation | ₹17,624 | ₹0 | ₹334,273 | ₹35,562,453 |
| 2051 | Age 55 | Accumulation | ₹17,624 | ₹0 | ₹376,501 | ₹40,054,950 |
| 2052 | Age 56 | Accumulation | ₹17,624 | ₹0 | ₹423,796 | ₹45,086,547 |
| 2053 | Age 57 | Accumulation | ₹17,624 | ₹0 | ₹476,766 | ₹50,721,935 |
| 2054 | Age 58 | Accumulation | ₹17,624 | ₹0 | ₹536,093 | ₹57,033,571 |
| 2055 | Age 59 | Accumulation | ₹17,624 | ₹0 | ₹602,539 | ₹64,102,602 |
| 2056 | Age 60 | Retirement | ₹0 | ₹287,175 | ₹446,950 | ₹69,913,512 |
| 2057 | Age 61 | Retirement | ₹0 | ₹304,405 | ₹459,284 | ₹71,842,885 |
| 2058 | Age 62 | Retirement | ₹0 | ₹322,669 | ₹471,200 | ₹73,706,786 |
| 2059 | Age 63 | Retirement | ₹0 | ₹342,029 | ₹482,579 | ₹75,486,787 |
| 2060 | Age 64 | Retirement | ₹0 | ₹362,551 | ₹493,290 | ₹77,162,196 |
| 2061 | Age 65 | Retirement | ₹0 | ₹384,304 | ₹503,184 | ₹78,709,826 |
| 2062 | Age 66 | Retirement | ₹0 | ₹407,363 | ₹512,095 | ₹80,103,744 |
| 2063 | Age 67 | Retirement | ₹0 | ₹431,804 | ₹519,839 | ₹81,315,005 |
| 2064 | Age 68 | Retirement | ₹0 | ₹457,713 | ₹526,208 | ₹82,311,344 |
| 2065 | Age 69 | Retirement | ₹0 | ₹485,175 | ₹530,974 | ₹83,056,858 |
| 2066 | Age 70 | Retirement | ₹0 | ₹514,286 | ₹533,881 | ₹83,511,650 |
| 2067 | Age 71 | Retirement | ₹0 | ₹545,143 | ₹534,647 | ₹83,631,440 |
| 2068 | Age 72 | Retirement | ₹0 | ₹577,852 | ₹532,958 | ₹83,367,145 |
| 2069 | Age 73 | Retirement | ₹0 | ₹612,523 | ₹528,465 | ₹82,664,417 |
| 2070 | Age 74 | Retirement | ₹0 | ₹649,274 | ₹520,786 | ₹81,463,145 |
| 2071 | Age 75 | Retirement | ₹0 | ₹688,231 | ₹509,494 | ₹79,696,906 |
| 2072 | Age 76 | Retirement | ₹0 | ₹729,524 | ₹494,122 | ₹77,292,370 |
| 2073 | Age 77 | Retirement | ₹0 | ₹773,296 | ₹474,153 | ₹74,168,654 |
| 2074 | Age 78 | Retirement | ₹0 | ₹819,694 | ₹449,016 | ₹70,236,615 |
| 2075 | Age 79 | Retirement | ₹0 | ₹868,875 | ₹418,083 | ₹65,398,080 |
| 2076 | Age 80 | Retirement | ₹0 | ₹921,008 | ₹380,665 | ₹59,545,015 |
| 2077 | Age 81 | Retirement | ₹0 | ₹976,268 | ₹336,002 | ₹52,558,610 |
| 2078 | Age 82 | Retirement | ₹0 | ₹1,034,844 | ₹283,258 | ₹44,308,292 |
| 2079 | Age 83 | Retirement | ₹0 | ₹1,096,935 | ₹221,518 | ₹34,650,649 |
| 2080 | Age 84 | Retirement | ₹0 | ₹1,162,751 | ₹149,774 | ₹23,428,255 |
| 2081 | Age 84 | Retirement | ₹0 | ₹1,162,751 | ₹96,445 | ₹15,086,255 |
Understanding Retirement Planning
Retirement planning involves calculating how much money you need to accumulate to maintain your current lifestyle after you stop working. It accounts for inflation, which increases expenses, and compound growth, which multiplies savings.
Mathematical Formula
C_{ret} = E_{inf} \times \frac{1 - (1 + r_{real})^{-n}}{r_{real}}
Formula Explanation:
- C_ret: Target Corpus needed at Retirement
- E_inf: Inflation-adjusted monthly expenses at retirement age
- r_real: Real rate of return post-retirement ((1 + return) / (1 + inflation) - 1)
- n: Number of months of retirement (Years of Retirement × 12)
Terms & Abbreviations
SIP Systematic Investment Plan - monthly periodic investments to reach your goals.
Corpus The total accumulated pool of savings/wealth.
Inflation The rate at which the general level of prices for goods and services is rising, reducing purchasing power.
Real Return The return on investment adjusted for inflation (Nominal Return - Inflation).
Frequently Asked Questions
Inflation significantly reduces the purchasing power of your money over time. For example, at a 6% inflation rate, ₹50,000 today will have the same purchasing power as nearly ₹2,86,000 in 30 years. Your retirement calculations must adjust for this.
The accumulation phase is the period during your working years when you build wealth via monthly SIPs or regular savings. The distribution phase begins when you retire and start withdrawing money from your accumulated corpus to fund your expenses.
Post-retirement, since you do not have active employment income, your savings should be placed in safer, less volatile assets (like fixed deposits or senior citizen savings schemes). Hence, post-retirement returns are typically lower (8-9%) than pre-retirement returns (12-15%).
The planner compounds your current savings to your retirement age, subtracts that from the target corpus, and calculates the monthly SIP required to bridge the gap using your pre-retirement return rate.