Retirement Calculator
Plan your retirement savings with our comprehensive free calculator. Determine how much you need to save, when you can retire, and whether your current savings are on track.
Retirement Savings Journey
Your Retirement Plan Summary
Key Features
How to Use This Calculator
Understanding Retirement Planning
Retirement planning is one of the most important financial decisions you'll make. Our Retirement Calculator helps you determine the corpus you need to maintain your lifestyle throughout retirement, considering inflation, life expectancy, and expected returns.
The retirement corpus calculation considers several factors: your current expenses, expected inflation rate, years until retirement, years in retirement, and expected investment returns. Inflation is particularly important as it erodes purchasing power over time.
A common rule of thumb is the 4% withdrawal rule, which suggests you can safely withdraw 4% of your retirement corpus annually without running out of money over a 30-year retirement. However, this rule has limitations and should be adjusted based on market conditions and personal circumstances.
The calculator accounts for the accumulation phase (saving for retirement) and the distribution phase (spending in retirement). During accumulation, focus on growth-oriented investments. During distribution, shift toward income-generating and capital-preserving investments.
Starting early makes a dramatic difference due to compound interest. Someone who starts saving at 25 needs to save significantly less per month than someone starting at 35 to reach the same retirement goal. Time is your most valuable asset in retirement planning.