Retirement
Pension: ₹0/month (fixed). Medical: ₹0/month. Today’s money.
Pension and medical expenses · Edit
Plan to age 85. Returns: 12% before retirement, 8% after. Living costs rise 6% yearly; medical costs 8%. Investment rises 0% yearly.
Assumptions used · Edit
Assumptions
Real-rate annuity with annual year-end withdrawals: the first payment is one year after retirement and includes one further year of inflation on expenses at retirement. Each later payment rises with inflation. Current corpus and monthly contributions use the same effective annual investment return; ongoing contributions are at month-start. The additional SIP is month-end. A pension entered in today’s money is deducted from the need, flat or inflation-linked as chosen; medical spending is added with its own inflation; a step-up raises the monthly investment each year. Taxes and fees are excluded. The lever results solve one input at a time against the same model: the corpus for five or ten more years, the retirement age at which current savings suffice, and the spending cut or pre-retirement return that would close the gap.
Estimates are not personalised financial advice. Review assumptions before use.
Estimated savings needed at age 60
Based on your inputs. Not guaranteed. Exact amount: ₹6,81,82,471.
Your timeline
- TodayAge 3030 years to retirement
- RetirementAge 6025 years of spending
- Plan untilAge 85
At age 60
Future values based on your assumptions.
₹5.28 crore estimated shortfall.
Spending estimated through age 85. Not guaranteed.