Retirement Savings Calculator
Estimate the corpus you need at retirement and the monthly saving required to reach it.
Runs in your browser. Your input is processed on your device and is not uploaded to our server.
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Corpus needed at retirement
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Monthly investment needed from now
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- Monthly expenses at retirement –
- Current savings at retirement –
- Shortfall to save –
Planning estimate based on your assumptions. Not financial advice.
How to use the Retirement Savings Calculator
- Enter your current age, retirement age and life expectancy.
- Enter today’s monthly expenses, expected inflation and return rates.
- Add your current savings to see the corpus needed and the monthly investment required.
Method
- Monthly expenses are inflated to your retirement age.
- The corpus needed is the present value, at retirement, of those inflation-rising expenses until life expectancy, discounted at the post-retirement return.
- Your current savings are grown at the pre-retirement return.
- The shortfall gives the monthly investment needed, using the future value of a monthly series.
All rates are assumptions you control. Results are estimates for planning, not financial advice.
Frequently asked questions
Why does inflation matter so much?
Over decades, even moderate inflation multiplies the cost of living, which greatly increases the corpus you need.