Retirement Calculator
Retirement is the one goal with no loan available and no second chance to get it right. It is also the goal inflation damages most, because the money has to last for decades after you stop earning. This calculator works out what your present monthly spending will cost by the time you retire, how big a corpus is needed to fund that for the rest of your life, and what you would have to invest from now to build it.
Free to use · no sign-upEverything is worked out in your browserBuilt by Naveen Kumar Pandey, ARN-276664
Your numbers
Change anything below — the result updates as you type. Nothing you enter leaves your browser.
Planning short is the expensive mistake here. Most people should assume 85 or more.
Household running costs in today's money. Leave out EMIs that will have finished by then.
Include EPF, PPF, NPS and any investment earmarked for retirement. Do not include the house you live in.
Lower than the pre-retirement figure, because the money moves into safer assets once you are living off it.
Corpus needed on the day you retire
₹6,86,61,871
₹6.87 Cr
- Invest every month from now
- ₹20,561
- Monthly spend at retirement
- ₹2,55,584
- Your savings grow to
- ₹1.19 Cr
- Gap to close
- ₹5.67 Cr
- Years to build it
- 28
- Years it must last
- 25
If the corpus figure looks alarming, that is the arithmetic of inflation rather than a scare tactic: ₹50,000 of monthly spending today becomes about ₹2,55,584 by the time you retire, and it keeps rising for every year after that. Starting early is what makes the monthly figure manageable.
A single lump sum of about ₹23.75 L invested today would do the same job as the monthly figure — useful if a maturity or a bonus is coming.
What this calculator assumes
- Your spending in retirement keeps rising with inflation every year — the corpus is sized for an income that grows, not a flat one.
- The corpus stays invested through retirement and earns the post-retirement return you enter, which should be lower than the pre-retirement one because the money moves to safer assets.
- Money is drawn at the start of each year, and the corpus is planned to be exhausted at the life expectancy you enter. Nothing is left behind as an estate.
- No pension, rent, EPF withdrawal or property sale is counted unless you include it under existing savings. Tax on withdrawals is not deducted.
Please read this
This is an illustration built entirely on the assumptions you entered — small changes to inflation or return move the corpus figure a great deal, so treat it as a direction, not a promise. Mutual fund and NPS investments are subject to market risks; read all scheme-related documents carefully before investing. NPS annuity rates and pension rules are set by PFRDA and the annuity provider, not by us.
The figures shown are an illustration produced from the numbers you typed in. They are not a quote, a guarantee, an offer or personal financial advice, and nothing here takes account of your own circumstances. Read the full disclaimer before acting on any of it.
Questions people ask us about this
Why is the corpus figure so large?
Two reasons, and both are real. Thirty years of 6% inflation multiplies today's expenses by about five and a half times before you even retire. Then that inflated amount has to be paid every year for another twenty or thirty years, rising each year. The figure looks alarming because the problem is large — which is exactly why starting early matters more than picking the best fund.
Should I count my EPF and PPF?
Yes. Put their current combined balance into the existing savings field. Do the same for any NPS balance and for investments already earmarked for retirement. Do not include the house you live in — you will still need somewhere to live.
What if I plan to work part-time after retiring?
Then set the retirement age to the point where the income genuinely stops or drops, and reduce the monthly expense figure by whatever you expect to keep earning. The calculator has no way to model that on its own.
Other calculators
Savings Goal
Name an amount and a date, and find out what you would need to invest each month to get there.
Open calculatorSIP
See what a fixed monthly investment could grow into over time, and how much of that is your own money.
Open calculatorStep-Up SIP
Increase your instalment by a set percentage every year and see how much difference it makes.
Open calculatorA number is not a plan
This tool does arithmetic. It does not know your income, your other commitments, how you would react to a bad year, or what tax you pay. Send us the figure you arrived at and we will tell you honestly whether the plan behind it holds up.
Ready when you are
Want us to run the numbers with you?
Bring your own figures and we will work through them with you — including what could go wrong.