Plan your retirement finances. Calculate the corpus needed, monthly expenses adjusted for inflation, and required savings.
Method:
Corpus = PV of Inflation-Adjusted Expenses During Retirement
Adjusted for investment returns
A general rule is to save 50-70% of pre-retirement annual income. This depends on lifestyle, inflation, healthcare costs, and life expectancy. Use this calculator for a personalized estimate.
Historically, equity markets return 10-12%, bonds 6-8%, and fixed deposits 5-7%. A diversified portfolio might target 8-10%. Be conservative with estimates.
Absolutely! Inflation erodes purchasing power. Expenses grow at inflation rate. Average inflation is 5-6%. This calculator accounts for inflation automatically.