FINANCIAL PLANNING · CALCULATOR
Retirement planning calculator
If you plan your retirement in advance, your post-retirement life will be free from financial stress and worries. Never take retirement planning for granted, and beware the traps of neglected retirement planning.
Start saving now — the earlier you save, the larger the retirement corpus you will have. This calculator works out the corpus needed to live your dream retirement.
HOW TO USE IT
Three scenarios that show what changes the answer
SCENARIO 01
Retiring early at 45
Mr. Anbarasu, a 28-year-old software engineer in Chennai, wants ₹3 lakh a month in today’s value and 6% inflation. Only 17 years to save, and 40 years of retirement to fund.
HE MUST SAVE
₹17,40,₹4,88,002 / month945
SCENARIO 02
The same man, retiring at 60
Everything else unchanged — still ₹3 lakh a month — but he retires at 60 as per corporate rules instead of 45.
HE MUST SAVE
₹1,15,588 / month
SCENARIO 03
Starting only at 45
You begin saving at 45, retire at 60, and want ₹1.5 lakh a month. That is roughly ₹2 lakh saved for 15 years to fund a 25-year retirement.
YOU MUST SAVE
₹1,91,661 / month
Start planning early. Life is unpredictable, and there are alarming events that can force you to retire overnight.