Calculators
Retirement Calculator
Work out how much money you need to retire, and the monthly SIP to get there, counting the savings you already have and a SIP that rises every year.
Start with your expenses
Enter what your household spends in a month today, not your salary. Leave out costs that will end before you retire, such as a home loan EMI, and add ones that may grow, such as health insurance.
What you can do with the Retirement Calculator
- Corpus needed: Money to last till the age you pick.
- Step-up SIP: Start smaller, raise it every year.
- Savings counted: What you have already saved helps.
- Chart by age: See your money grow until you retire.
Why the number looks so big
At 6% inflation, ₹30,000 a month today becomes about ₹2.3 lakh a month in 35 years. Your money also has to last 25 years or more after you stop working, so the total needed often runs into crores.
The step-up SIP
Most people earn more over time. Raising your SIP by 10% every year lets you start with a much smaller amount, like ₹2,500 instead of ₹8,600 a month in the example, and still reach the same goal.
Start early
Every few years of delay makes the monthly amount needed jump, because the money has less time to compound. The tool shows what starting 5 years later would cost.
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Frequently Asked Questions
Does this include my EPF and PPF?
Add their current balances to "Savings you already have". Your ongoing EPF and PPF contributions count towards the monthly SIP the tool suggests.
What return should I use?
The defaults are 12% before retirement, as for a mostly equity portfolio over the long term, and 8% after, as for a safer mix. Returns are not guaranteed, so try lower numbers too.
Why plan till 85 or 90?
People are living longer, and running out of money late in life is a bigger risk than leaving some behind. Planning for a longer life is the safer choice.
How much money do I need to retire in India?
It depends on your expenses, when you retire and how long you plan for. Someone spending ₹30,000 a month at 25, retiring at 60 and planning till 85, needs about ₹5.6 crore at 6% inflation and 8% return after retirement. Enter your own numbers to see yours.
What is a step-up SIP?
A SIP that you raise by a fixed percentage every year, usually when your salary goes up. A 10% yearly step-up can cut the starting amount by more than half compared with a flat SIP for the same goal.
What is the 4% rule and does it apply in India?
The 4% rule says you can take out 4% of your savings in the first year and raise it with inflation each year. It comes from US data. This tool does not use a fixed rule: it works out the amount from your own plan length, inflation and returns. With the defaults the first year's withdrawal is about 5% of the total, so to be safer, plan till a later age or use a lower return.
Should I count my house in my retirement savings?
Usually not, unless you plan to sell it or rent it out. A house you live in does not pay for groceries. Count rent you expect to receive by lowering your monthly expenses instead.
Why does starting late cost so much more?
Compounding needs time. Money invested at 25 has 35 years to grow by 60 years of age, money invested at 35 only 25. The tool shows the monthly amount you would need if you started 5 years later.
Does this include tax?
No. Returns and withdrawals are shown before tax. If your investments will be taxed, use a slightly lower return to allow for it.
Is my data saved?
No. Everything is worked out in your browser and nothing you enter is sent anywhere.
Read the guide
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