RETIREMENT PLANNING
What is your current age?
Years
At what age you want to retire?
Years
Expected life expectancy?
Years
Your current monthly household expenses?
Rs.
Expected inflation rate over the years (% per annum)
%
The expected rate of return on your investments (% per annum)
%
How much investments you have now (Rs)
Rs.
What return you expect on your retirement corpus (% per annum)
%
Your current monthly household expenses
Rs. 50,000
Your future monthly household expenses
Rs. 2,16,097
(Your monthly expenses will increase annually by 5%)
Your current investment amount
Rs. 1,00,000
Total corpus
Rs. 4,42,10,170
Future value of your current investments
Rs. 29,95,992
Future corpus amount needed to meet expenses
Rs. 4,72,06,162
Number of years you need to invest
30 Years
Amount you need to invest monthly
Rs. 12,524