Retirement Calculator
Required Corpus: ₹0
Invested Amount: ₹0
Est. Returns: ₹0
Retirement Calculator
What It Is: A planning tool that estimates the amount you need to save to maintain your lifestyle after retirement.
Purpose: To estimate the corpus needed at retirement to cover post-retirement expenses for a defined number of years.
Theory: Two stages:
- Accumulation Phase: Grow savings via monthly investments.
- Withdrawal Phase: Ensure corpus sustains future expenses.
Corpus Requirement Formula (real return):
CR = A × [1 – (1 + r)−t] ÷ r
Where:
- A = Annual expense post-retirement (in future ₹)
- t = Number of retirement years
- r = Real post-retirement return (after inflation)