About retirement calculator
Retirement planning is about how much you will have when you stop working. The calculator projects your savings from regular contributions.
What affects the result
- How early you start. Time lets compounding do most of the work.
- The amount and regularity of contributions.
- The return you assume. Be conservative; markets are uncertain.
- Inflation, which reduces what the final amount can buy.
How much will you need
A common rule of thumb is to plan for 25 to 30 times your yearly expenses at retirement, adjusted for inflation. Use it as a starting point and revisit it each year.
A worked example
Saving ₹15,000 a month for 25 years could grow to about ₹2.0 crore at an assumed return of 10 percent a year, or about ₹1.4 crore at 8 percent. The difference shows why the return assumption matters, and why you should plan with a cautious figure.
Steps to take
Increase your monthly amount each year as your income rises, combine EPF and NPS with other investments, and review the plan every year.
