Estimate the retirement corpus you need to maintain your lifestyle, based on current monthly expenses, inflation, and expected investment returns.
This tool estimates the total retirement corpus you need to maintain your current lifestyle throughout retirement, accounting for inflation.
Future monthly expense equals current expense times (1+inflation) raised to years until retirement. The corpus is calculated using the present value of an annuity formula with the real rate of return.
Enter your current age, planned retirement age, current monthly expenses, expected years in retirement, inflation rate, and expected post-retirement return, then click Calculate.
Example: Someone retiring in 30 years with 40,000 rupees in current monthly expenses would need a substantial corpus to sustain inflation-adjusted expenses for 25 years post-retirement.
Why does inflation matter so much. Inflation erodes purchasing power over decades, so future expenses will be much higher in nominal terms than today.
Should I include healthcare costs separately. Yes, healthcare costs often rise faster than general inflation and should be planned for separately.