How much money do I need to retire?

A common rule of thumb is 25-30 times your annual expenses at retirement. For example, if you expect to spend ₹50,000/month (₹6 lakh/year) in retirement, you need a corpus of ₹1.5-1.8 crore. This calculator gives you a personalised estimate based on your actual inputs.

What is the 4% withdrawal rule?

The 4% rule suggests you can withdraw 4% of your retirement corpus in the first year, then adjust for inflation each subsequent year, and your money should last 25-30 years. This works if your corpus is invested to earn returns above the withdrawal rate.

Should I account for inflation in retirement planning?

Absolutely. Inflation erodes purchasing power. ₹50,000 today will need ₹1.34 lakh in 20 years at 5% inflation to maintain the same lifestyle. This calculator factors in inflation to give you a realistic retirement target.

Retirement calculator

Estimate the corpus you need for a comfortable retirement and the monthly savings required to get there.

Current age

Retirement age

Monthly expenses (today)

₹

Life expectancy

Expected inflation (% p.a.)

Pre-retirement return (% p.a.)

Post-retirement return (% p.a.)

Corpus needed at retirement

₹0

Monthly expense at retirement

₹0

Monthly SIP needed

₹0

Years to retire

Corpus breakdown

Your savings —

Growth (returns) —

Target corpus —

Corpus growth & drawdown

How to use this retirement calculator

Enter your current age and desired retirement age.
Enter your current monthly expenses — the calculator adjusts this for inflation.
Set your life expectancy (how long your corpus needs to last).
Adjust inflation, pre-retirement returns (accumulation phase), and post-retirement returns (withdrawal phase).
View the corpus needed and the monthly SIP required to reach that target.

How is the retirement corpus calculated?

The calculator works in two steps:

Step 1 — Future expenses: Your current monthly expenses are inflated to retirement age using the expected inflation rate.
Step 2 — Required corpus: The corpus needed to fund those expenses for the entire retirement period, assuming your corpus earns post-retirement returns. This uses the present value of annuity formula adjusted for inflation.

The monthly SIP is then calculated using the standard SIP formula to accumulate the required corpus by retirement age at the pre-retirement return rate.

Frequently asked questions

What return rate should I use for pre-retirement?

For an equity-heavy portfolio (ideal for long-term goals), 10–12% is a reasonable assumption based on Indian equity market history. For a balanced portfolio, use 8–10%. Be conservative in your estimates — it's better to save more than needed.

What return rate should I use post-retirement?

Post-retirement, you'll likely shift to safer investments (debt funds, FDs, senior citizen schemes). A rate of 6–8% is reasonable. Some retirees keep a portion in equity for growth, which could justify 8–9%.

Does this calculator account for EPF/PPF/pension?

This calculator shows the total corpus needed. If you have EPF, PPF, NPS, or any pension, subtract their expected value at retirement from the corpus shown to find your additional savings target.

What if I already have some savings?

If you already have investments earmarked for retirement, project their value at retirement age using the compound interest calculator, then subtract from the corpus to find the gap your new SIP needs to fill.

Retirement calculator