Retirement Planning Calculator

Retirement planning is crucial for financial security in your golden years. Our calculator helps you determine how much you need to save and invest to maintain your desired lifestyle after retirement.

The calculator considers inflation, life expectancy, current savings, and expected returns to provide a comprehensive retirement plan with monthly investment requirements.

Retirement Planning Factors:

• Inflation Impact: Adjusts future expenses for inflation
• Replacement Ratio: Typically 70% of pre-retirement income
• Life Expectancy: Plans for post-retirement years
• Current Savings: Includes existing retirement corpus
• Investment Returns: Expected returns on investments

Key Considerations:

• Start Early: Benefit from power of compounding
• Diversification: Mix of equity, debt, and other assets
• Healthcare Costs: Plan for medical expenses
• Tax Efficiency: Use tax-saving retirement instruments
• Regular Review: Adjust plan based on life changes

Retirement Instruments:

• EPF/PPF: Government-backed retirement savings
• NPS: Market-linked pension scheme
• Mutual Funds: SIP in equity and debt funds
• Insurance: ULIP and pension plans
• Real Estate: Property investment for rental income

Features:

• Calculate required retirement corpus
• Monthly investment planning
• Inflation-adjusted projections
• Visual retirement timeline
• Comprehensive planning recommendations