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Retirement Calculator

₹ 80,000
30
60
85
10%
6%

Monthly Investment Required

₹ 36,824

Future Monthly Expenses₹ 4,59,479
Required Retirement Corpus₹ 8,32,40,763

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Recommendations

HDFC Focused funds

Equity
95.03%
Debt
14.6%
Others
0.03%
₹ 23.7 Cr

Returns

Crisil Rating
ⓘ
very good performance among peers

HDFC Focused funds

Equity
95.03%
Debt
14.6%
Others
0.03%
₹ 23.7 Cr

Returns

Andrew Rating
ⓘ
very good performance among peers

HDFC Focused funds

Equity
95.03%
Debt
14.6%
Others
0.03%
₹ 23.7 Cr

Returns

Crisil Rating
ⓘ
very good performance among peers

HDFC Focused funds

Equity
95.03%
Debt
14.6%
Others
0.03%
₹ 23.7 Cr

Returns

Crisil Rating
ⓘ
very good performance among peers

What is a Retirement Calculator?

A Retirement Calculator is an online tool that helps individuals estimate how much they need to save to maintain their desired lifestyle post-retirement. It considers factors such as current savings, expected expenses, inflation, life expectancy, and rate of return on investments. This tool is ideal for salaried professionals, self-employed individuals, and anyone looking to plan their post-retirement finances efficiently.

Real-World Use Cases for the Retirement Calculator

  1. Early Retirement Dream Planning:Ambitious professionals model various scenarios to understand the financial requirements for achieving early retirement.
  2. Lifestyle Maintenance Projection:Individuals estimate the retirement corpus needed to maintain their current standard of living, accounting for inflation and future expenses.
  3. Multiple Income Stream Mapping:Entrepreneurs and freelancers plan retirement considering variable income scenarios and diverse investment strategies.
  4. Healthcare Cost Preparation:Professionals factor in rising healthcare expenses and long-term care costs in their comprehensive retirement planning.

Popular Calculators

How to Use the Retirement Calculator (Step-by-Step Guide)

Follow these simple steps to calculate your Retirement exemption:

Enter Your Current Age:

  • Input your present age to determine the number of years left until retirement.
01

Enter Your Expected Retirement Age:

  • Select the age at which you plan to retire (e.g., 60 years).
02

Enter Your Monthly Expenses:

  • Input your estimated monthly living expenses (rent, groceries, healthcare, etc.).
03

Enter the Expected Inflation Rate:

  • Inflation impacts future expenses, so input an estimated inflation rate (e.g., 6% per year).
04

Enter Your Current Savings and Investments:

  • Input the total amount you have saved so far for retirement.
05

Enter the Expected Rate of Return on Investments:

  • Specify the expected annual return on your retirement savings (e.g., 8%).
06

Analyze the Results:

  • Use the output to adjust your investment strategy and retirement contributions.
07
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Key Benefits and Features of Using Our Retirement Calculator

Accurate Future Savings Estimation:

Accurate Future Savings Estimation:

Get precise projections of required retirement savings.

Inflation Adjustment:

Inflation Adjustment:

Ensures realistic expense calculations.

Customizable Inputs:

Customizable Inputs:

Modify savings, investment returns, and expenses for personalized results.

Quick and User-Friendly:

Quick and User-Friendly:

No complex formulas—get instant results.

Free and Unlimited Use:

Free and Unlimited Use:

Perform multiple calculations to fine-tune your retirement plan.

Mobile & Desktop Compatibility

Mobile & Desktop Compatibility

Accessible anytime, anywhere.

Retirement Goal Setting

Retirement Goal Setting

Helps determine achievable retirement targets based on lifestyle needs.

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