Retirement Planning

Retirement Corpus Calculator

Enter your age, expenses, and existing savings to find the exact corpus you need — and the monthly SIP to get there.

Personal Details

Your Existing Savings

Total of EPF, NPS, PPF, mutual funds, and other investments earmarked for retirement. Enter a negative number if you have net debt against retirement.

Return & Inflation Assumptions

Years to Retirement

Monthly Expense at Retirement

Required Retirement Corpus

Existing Savings at Retirement

Corpus Gap / Surplus

Additional Monthly SIP Needed

Suggested Conservative SIP Mix

Want personalised advice on this?

Ask FinChat — our AI advisor will analyse your retirement results in the context of your full financial picture.

Ask FinChat

Existing savings compound at the pre-retirement return rate. Post-retirement corpus uses real return (after inflation). Results are indicative only.

What is a Retirement Corpus Calculator?

A Retirement Corpus Calculator helps you estimate how large a corpus you need to accumulate by retirement to sustain your lifestyle for the rest of your life — without running out of money. It accounts for inflation (which erodes purchasing power), your post-retirement investment returns, and your expected life span to compute the exact corpus required.

This calculator goes further by factoring in your existing retirement savings — EPF balance, NPS corpus, PPF, mutual fund investments, and any other assets earmarked for retirement. It compounds your current savings at the pre-retirement return rate, shows you how much they will grow to by retirement, and calculates only the additional monthly SIP needed to bridge the remaining gap.

How to Use This Retirement Corpus Calculator

  1. 1

    Enter your personal details

    Current age, planned retirement age, and life expectancy. India's average life expectancy is ~70 years, but planning to 85-90 is prudent for financial security.

  2. 2

    Set your current monthly expenses

    Enter today's expenses. The calculator inflates this to your retirement date using the inflation rate you specify to find your monthly expense at retirement.

  3. 3

    Add your existing retirement savings

    Enter the total of your EPF, NPS, PPF, mutual funds, and any other investments set aside for retirement. This reduces the gap and the SIP you actually need.

  4. 4

    Set inflation and return assumptions

    Use 6% inflation. Pre-retirement return: 10-12% (equity-heavy). Post-retirement return: 6-8% (conservative, debt-heavy for capital protection).

  5. 5

    View your gap and required SIP

    The calculator shows the required corpus, how much your existing savings will grow to, the remaining gap, and the additional monthly SIP needed to bridge it.

How Much Do You Really Need? Age-Based Benchmarks

These benchmarks assume retirement at 60, life expectancy of 85, 6% inflation, and 7% post-retirement return. Use them as a quick sanity check against what the calculator computes for your specific inputs.

Monthly Expenses (Today)Start at 25Start at 30Start at 35Start at 40
₹30,000₹4,200/mo₹7,500/mo₹14,000/mo₹28,000/mo
₹50,000₹7,000/mo₹12,500/mo₹23,500/mo₹47,000/mo
₹80,000₹11,200/mo₹20,000/mo₹37,500/mo₹75,000/mo
₹1,00,000₹14,000/mo₹25,000/mo₹47,000/mo₹94,000/mo

SIP amounts shown are approximate and assume 11% pre-retirement return, zero existing savings, and no step-up. Your actual number may be lower if you already have EPF/NPS/PPF savings.

Key Principles of Retirement Planning

Inflation is the Biggest Risk

At 6% inflation, monthly expenses of ₹50,000 today become ₹1.6 lakh in 20 years. Your corpus must generate enough to keep pace with rising costs — not just survive the first few years.

Existing Savings Matter

Your EPF, NPS, PPF, and mutual funds are already compounding. Including them in your plan shows the real gap — not the theoretical worst case — and gives you a realistic SIP target.

Healthcare Costs Skyrocket

Medical expenses grow faster in old age, at 10-14% annually. Ensure you have comprehensive health insurance and a separate healthcare buffer within your retirement corpus.

Start Early, Retire Comfortably

Starting at 25 vs 35 can reduce the required monthly SIP by 50-60% for the same retirement goal. Time in market is more powerful than any single investment decision.

Where to Park Your Retirement Corpus in India

EPF + VPF (8.15% tax-free)

Your mandatory EPF contribution compounding at 8.15% tax-free is one of the best risk-free returns available in India. Consider maxing out VPF (Voluntary Provident Fund) for additional tax-free growth — up to ₹2.5L annual contribution stays fully tax-exempt.

NPS (National Pension System)

Extra ₹50,000 deduction under Section 80CCD(1B) beyond the ₹1.5L 80C limit. Choose the aggressive lifecycle fund (75% equity) if you're under 40. NPS locks in until 60 but offers the lowest-cost equity exposure in India (0.01% fund management charge).

Equity Mutual Funds via SIP

For the growth portion of your retirement corpus, index funds (Nifty 50, Nifty Next 50) or flexi-cap funds via SIP provide the best long-term wealth creation. LTCG above ₹1.25L is taxed at 12.5% — still better than FD taxation for most people.

PPF (for the conservative bucket)

PPF's 7.1% return is fully tax-free under EEE status (exempt at investment, growth, and withdrawal). Max ₹1.5L/year. Ideal for the debt portion of your retirement plan if you're in the 30%+ tax bracket.

Add your retirement goal to your financial plan

Save your calculation, set a target, and get a personalised plan — all free.

Add to My Financial Plan — Free

FAQs

Frequently asked questions

How much money do I need to retire in India?

It depends on your lifestyle, monthly expenses, and retirement age. A common rule of thumb is 25–30 times your annual expenses at retirement (adjusted for inflation). This calculator gives you a precise number based on your specific inputs.

What is the 4% withdrawal rule?

The 4% rule suggests that if you withdraw 4% of your retirement corpus in the first year (and adjust for inflation each subsequent year), your savings should last at least 30 years. In India, with higher inflation, 3–3.5% may be more appropriate.

At what age should I start retirement planning?

The earlier, the better — ideally in your 20s. Starting at 25 vs 35 can mean needing to invest roughly half the monthly amount for the same retirement corpus, thanks to compounding. Even small amounts started early grow significantly.

How does inflation affect retirement planning?

Inflation is the biggest threat to retirement planning. At 6% inflation, expenses double every 12 years. If you spend ₹50,000/month today, you will need roughly ₹1.6 lakh/month in 20 years for the same lifestyle. This calculator accounts for inflation in all projections.