Retirement Calculator – Future Pension planner
Calculate the net financial corpus required to sustain monthly lifestyle expenses post-retirement. Get monthly savings needed.
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Planning Your Inflation-Adjusted Retirement Corpus
Retirement planning requires estimating future living expenses after adjusting for inflation. At a modest 6% average inflation rate, a monthly expense of ₹40,000 today will swell to over ₹1,36,000 in 20 years.
This calculator determines your target retirement corpus by adjusting your current lifestyle expenses for inflation up to retirement age, then planning withdrawals based on post-retirement yield expectations.
Frequently Asked Questions (FAQ)
1. How does inflation affect my savings?
Inflation erodes purchasing power. If your savings earn less than the inflation rate, your real net worth is shrinking. Equity or PPF is needed to generate inflation-beating returns.
2. What is a retirement annuity?
An annuity is a financial product that pays a guaranteed regular monthly income for life, bought using a lump sum accumulated during your working years.