Retirement readiness

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. Readiness is projected funding divided by that target, not a questionnaire score or assurance of retirement adequacy.

Estimates are not personalised financial advice. Review assumptions before use.