Retirement Calculator

Estimate how much you need to save for retirement and whether you are on track to meet your goals.

Retirement Calculator

Estimate how much you need to retire and whether you are on track.

Calculator currencyCurrent ageRetirement ageCurrent savingsMonthly contributionExpected return (%)Annual expenses in retirementMonthly social security/pension

Projected retirement savings

Rs 66,430,898

Total contributions: Rs 9,500,000

Growth earned: Rs 56,930,898

Monthly income need: Rs 50,000

You are on track for retirement!

How to plan for retirement

What is this retirement calculator?

This retirement calculator projects your savings growth from now until retirement and compares it against your estimated needs using the 4% withdrawal rule. It factors in your current age, retirement age, existing savings, monthly contributions, expected returns, and estimated expenses.

Starting early and contributing consistently are the two most powerful levers for retirement planning. This tool shows you whether your current plan is on track or needs adjustment.

How to use the retirement calculator

Enter your current age, desired retirement age, current savings, monthly contribution, expected annual return, and estimated annual expenses in retirement. Also include any Social Security or pension income.

The calculator shows your projected savings, monthly income need, and whether you are on track. If not, try increasing contributions, extending your working years, or adjusting your retirement expenses.

Frequently Asked Questions

How much do I need to retire?

A common rule is 25-30 times your annual expenses. This calculator uses the 4% withdrawal rule to estimate your target savings.

What return rate should I use?

A conservative estimate of 6-8% for long-term stock investments. Adjust downward if you prefer a safer assumption.

Does this include Social Security?

Yes. You can enter expected monthly Social Security or pension income to get a more accurate projection.