Retirement Plan Calculator
You Can Edit Your Plan Below
Before Retirement
After Retirement
Note: This calculator helps estimate your future retirement needs and does not guarantee any returns. It assumes constant returns and inflation, which may vary in real conditions.
Years to Retirement
Monthly Expense at the Age of 60
0
Current Savings Will Grow to
Required Additional Amount
Total Retirement Corpus Required
0Required Investment
What is a Retirement Plan Calculator?
A Retirement Plan Calculator is a powerful financial tool that helps you estimate the savings you’ll need to retire comfortably. It takes into account your current age, desired retirement age, monthly expenses, inflation, expected returns, and more to show how much you need to save and invest regularly to reach your retirement goals.
Why Use a Retirement Planning Calculator?
Retirement is a long-term goal, and often people underestimate how much they’ll need. A Retirement Plan Calculator helps you:
- Set realistic financial goals for retirement.
- Understand how inflation affects future expenses.
- Estimate the future value of current savings and investments.
- Calculate how much you need to invest monthly to bridge the gap.
- Visualize your financial freedom timeline.
How Does a Retirement Plan Calculator Work?
It works by evaluating four key components:
- Your Current Age & Retirement Age – Determines your investment time horizon.
- Current Monthly Expenses – Adjusted for inflation to estimate future monthly needs.
- Existing Retirement Corpus – Considers the value of your current savings.
- Expected Returns (Pre & Post Retirement) – Projects how your investments will grow before and after you retire.
It calculates:
- Future Monthly Expense: Adjusted for inflation at retirement.
- Required Retirement Corpus: A lump sum needed to cover expenses post-retirement.
- Shortfall: How much more you need to save.
- Monthly SIP Needed: Based on expected returns till retirement.
- Lumpsum Needed: Based on expected returns till retirement.
Example of Retirement Planning
Let’s say:
- You are 35 years old, want to retire at 60 and plan until the age of 75.
- Your current monthly expense is â‚ą40,000.
- Expected inflation is 6%, and return on investments is 10%.
- You already have â‚ą10 lakhs saved for retirement.
Using the calculator, you’ll get:
- Future Monthly Expense at 60: â‚ą1,71,675
- Total Required Corpus: â‚ą2,35,57,041
- Current Savings Will Grow to: â‚ą1,08,34,706
- Then Required Additional Investment Amount: â‚ą1,27,22,335
- SIP Required to achieve Additional Investment (Expected return rate of 10%): â‚ą9,509 per month (approx.)
Other Calculators
How to Use Our Online Retirement Plan Calculator?
Just enter the following details:
- Your current age and planned retirement age
- Retirement Plan until the Age
- Your average monthly expenses
- Inflation rate (default 6% or adjust based on outlook)
- Expected return before and after retirement
- Existing retirement corpus (if any)
The calculator will show you:
- Your expected future expenses
- Total corpus required at retirement
- SIP or monthly investment required to meet the gap
Advantages of Using Our Calculator
✅ Quick & Easy – Get results instantly
✅ Customizable – Adjust inflation, returns, retirement years
✅ Goal-Oriented – Focus on your financial freedom date
✅ Realistic Insights – Understand the power of compounding and disciplined investing
đź”— Want to Learn Basics? Read our Blog Posts and Learn to Invest
Final Thoughts
Retirement planning is not optional—it’s essential. The earlier you start, the easier it is to build the desired corpus. Use our Retirement Plan Calculator today to know where you stand and how to reach your goal.
đź’ˇ Start now, and let compounding work its magic over time.
Disclaimer: The content on this blog is intended solely for educational purposes. The results produced by the calculator or calculators are merely indicative and intended for informational reasons.
Under no circumstances should these calculators be regarded as financial, Investment or professional advice from Trustwell Finserve (“TWF”), nor are they intended to offer users certified results from TWF or to act as an obligation, guarantee, warranty, undertaking, or commitment. They are only instruments to assist users in analyzing different illustrative situations according to the information they enter. These calculators are used at the user’s own risk, and TWF assumes no liability for any mistakes, inaccuracies, or results that may result from using them.
