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Savings

Retirement Calculator

Calculate the corpus needed for retirement and how much to save monthly to reach your goal.

Retirement Calculator — Calculate the corpus needed for retirement and how much to save monthly to reach your goal. Use FinWiz24's free retirement calculator for accurate results.

Formula

Corpus = Inflated Expenses × 12 × years / return factor

Monthly Expenses, Inflation %, Years to Retire, Return %, Years in Retirement

Results

Enter values above to see results

Formula

Corpus = Inflated Expenses × 12 × years / return factor

Retirement corpus calculation considers your current monthly expenses, expected inflation rate, years to retirement, expected return during retirement, and life expectancy. The corpus should sustain 25-30 years of post-retirement life.

Example

Monthly expenses ₹75,000 today, 20 years to retirement, 8% returns post-retirement, 25-year retirement

Input Values

Monthly Expenses (₹)₹75,000.00
Inflation (%)₹6.00
Years to Retirement₹20.00
Post-Ret Return (%)₹8.00
Years in Retirement₹25.00

Calculation

Applying the formula with the input values above:

Results

Corpus Needed

₹2,80,00,000.00

Monthly Savings Needed

₹38,000.00

How to Use This Calculator
  1. 1Enter your current monthly expenses (exclude investments, only actual spending).
  2. 2Input the expected inflation rate (use 6% as base case for India).
  3. 3Enter years to retirement and your expected post-retirement return rate.
  4. 4Input your expected years in retirement (plan for 25-30 years post-retirement).
  5. 5The corpus should sustain you without drawing down principal for your lifetime.
Frequently Asked Questions