Retirement Calculator

Your age today

Retirement age

Plan until age

Plan for a long life: many people now live into their late 80s.

Monthly expenses today

Expected inflation

Return before retirement

Return after retirement

Retirement savings so far

Corpus needed at retirement

–

Covered by current savings
Shortfall

Monthly expenses at retirement: –
Your savings will grow to: –
Shortfall to cover: –
Monthly SIP needed: –

Plan your retirement

Illustrative estimates only, based on the assumptions you choose. Actual returns, rates and costs will vary.

About the Retirement calculator

Your retirement savings may need to last 25 years or more, while prices keep rising. This calculator estimates the corpus you need on the day you retire to cover your expenses, rising with inflation, until the age you plan for.

It then shows how much your current savings could grow to, and the monthly SIP needed to close any gap.

How to use it

Move the sliders, or type a value into each box.
Watch the results and chart update as you go.
Try different assumptions to see what changes the outcome most, then talk to us about a plan.

The formula

Corpus = yearly expenses at retirement × [ 1 − (1 + g)^−N ] ÷ g × (1 + g)

g: real return after retirement, (1 + return) ÷ (1 + inflation) − 1
N: years in retirement
Expenses at retirement = today's expenses × (1 + inflation)^{years to retirement}

Example

Aged 35 with monthly expenses of ₹40,000, retiring at 60 and planning until 85 (6% inflation, 11% return before and 7% after retirement): you may need a corpus of about ₹4,61,19,865. With ₹5,00,000 saved already, a SIP of about ₹24,725 a month could close the gap.

Mutual fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.

FAQs