Estimate the retirement corpus built from regular monthly contributions, and the monthly pension payout it can generate.
This tool estimates the retirement corpus you will accumulate through regular contributions, and the monthly pension it can provide during retirement.
The accumulation phase uses the future value of an annuity formula. The payout phase converts the corpus into an equal monthly payment using the present value of an annuity formula.
Enter your monthly contribution, years until retirement, expected annual return, and desired payout period, then click Calculate.
Example: Contributing 10,000 rupees monthly for 25 years at 9% return builds a substantial corpus that can then generate a steady monthly pension over 20 years.
Does the corpus keep growing during payout. This simplified calculation assumes the corpus earns no further returns during payout; a more advanced model could include continued growth.
Should I diversify pension savings. Yes, spreading savings across schemes like EPF, PPF, and NPS is generally recommended.