Retirement Calculator
Retirement Plan Summary
Retirement Growth Projection
| Year | Age | Contributions | Returns | Balance |
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Retirement Planning Guide
Retirement planning is crucial to ensure financial independence when you stop working. This calculator helps you estimate how much you need to save to maintain your desired lifestyle after retirement.
How Much Do You Need?
A common rule is to aim for 25-30 times your annual expenses at retirement. This assumes a 4% safe withdrawal rate. For example, if you need ₹6 lakh annually, you'd need a corpus of ₹1.5-1.8 crore.
Investment Strategy
• Early career: Aggressive (80% equity)
• Mid-career: Balanced (60% equity)
• Near retirement: Conservative (30% equity)
• Post-retirement: Income-focused (FDs, bonds)
Key Considerations
• Account for inflation (6% is typical in India)
• Medical costs rise with age
• Consider additional income sources (rental, pensions)
• Review your plan annually