Find out how big your retirement fund needs to be — and how much to invest each month to get there.
How this retirement calculator works
- Your current expenses are grown by inflation until your retirement age.
- The corpus is the amount that, invested at the post-retirement return, can pay those inflation-rising expenses every year until your life expectancy.
- Your existing savings are grown at the pre-retirement return and subtracted.
- The remaining gap is converted into the monthly SIP needed.
Retirement planning tips
- Start early. Starting 10 years later can more than double the monthly amount you need.
- Use a mix of EPF, PPF, NPS and equity mutual funds.
- Plan for medical costs separately and keep adequate health insurance.
- Increase your SIP every year as your income grows.
This is an estimate. Actual returns and inflation vary; review your plan every year.
Frequently asked questions
How big should my retirement corpus be?
A common rule of thumb in India is 25–30 times your yearly expenses at the time of retirement. If you will need ₹6 lakh a year at retirement, aim for ₹1.5–1.8 crore. The calculator above gives a more precise figure based on inflation and returns.
Why does inflation matter so much?
At 6% inflation, monthly expenses of ₹50,000 today become about ₹2.15 lakh in 25 years. A plan that ignores inflation will fall far short, which is why the calculator grows your expenses until retirement and through it.
Where should I invest for retirement?
Most people combine EPF or PPF for safe, tax-free growth, NPS for extra tax benefits, and equity mutual funds through a SIP for long-term growth. Move gradually to safer options in the last 5–10 years before retiring.
How can I get a regular income after retiring?
Options include the Senior Citizens Savings Scheme, Post Office MIS, bank FDs, annuities from NPS, and systematic withdrawal plans (SWP) from mutual funds. Keep some money in growth assets so your income keeps up with inflation.