Retirement • Inflation and corpus planning
Retirement Calculator for India
Estimate how today's expenses may change by retirement, compare an illustrative corpus target with projected savings, and identify a possible planning gap.
Enter planning assumptions
How to use it
- Enter current and retirement ages.
- Use essential monthly expenses in today's rupees.
- Add reasonable inflation and return assumptions.
- Enter existing retirement savings and monthly contributions.
- Review the target, projection and possible gap under several scenarios.
Formula and methodology
Expense at retirement = current expense × (1 + inflation)years
Illustrative target = annual retirement expense ÷ 0.04
Existing savings grow monthly, while contributions use a beginning-of-month annuity. The 4% rule is only a general heuristic. Currency values are rounded to the nearest rupee.
Worked Indian example
For age 35, retirement at 60, today's expenses of ₹50,000, 6% inflation, 10% return, ₹5,00,000 current corpus and ₹15,000 monthly contribution:
| Monthly expense at retirement | ₹2,14,594 |
|---|---|
| Illustrative target corpus | ₹6,43,78,061 |
| Projected corpus | ₹2,60,96,828 |
| Estimated shortfall | ₹3,82,81,233 |
The example shows sensitivity to inflation and long horizons. It does not include pension, rental income, tax, healthcare shocks or post-retirement returns.
How to interpret the estimate
A shortfall is a prompt to revisit contributions, retirement age, future spending and other income—not an instruction to chase higher returns. A surplus is not a guarantee because actual inflation, longevity and market results can differ.
Common mistakes
- Ignoring healthcare and irregular expenses.
- Assuming one high return for decades.
- Counting a home without deciding whether it will fund retirement.
- Forgetting pension, EPF, PPF or other income.
Practical planning tips
- Test higher inflation and lower returns.
- Increase contributions after salary growth where affordable.
- Keep insurance and emergency planning separate.
- Review nominations and account records.
- Recalculate annually using actual balances.
Related calculators and guides
Frequently asked questions
What does this calculator estimate?
Future expenses, target corpus, projected savings and a possible gap.
What is the 4% rule?
A planning heuristic, not an Indian statutory rule or guarantee.
Is pension income included?
No.
Are returns guaranteed?
No.
Why include inflation?
To estimate future cost from today's expenses.
Are tax and fees included?
No.
When are monthly contributions assumed?
At the beginning of each month.
Should I use one scenario?
No. Compare several assumptions.
Educational disclaimer
This simplified tool is for general education, not personalized retirement, investment or tax advice. The 4% rule and entered return are assumptions, not guarantees.