Our Retirement Planning Calculator helps you estimate how much money you’ll need for a secure and comfortable retirement. Enter your current age, desired retirement age, monthly expenses, and expected return on investment to find out how much you should start saving today. Plan your retirement goals wisely and build a stable financial future.
A Retirement Planning Calculator helps you estimate how much money you need to save and invest to maintain your lifestyle after retirement. It considers your current age, retirement age, expenses, inflation, and investment returns.
You input details like your current savings, expected retirement age, monthly expenses, inflation rate, and expected rate of return. The calculator then estimates the total retirement corpus you’ll need and how much you should save regularly to reach that goal.
Retirement planning ensures financial independence after you stop working. It helps you maintain your desired lifestyle, handle medical expenses, and deal with inflation without depending on others.
You should review your retirement plan every 1–2 years or whenever there’s a significant change in your income, expenses, or financial goals. Regular reviews help you stay on track with your targets.
Your retirement savings depend on current age, expected retirement age, monthly expenses, inflation rate, and expected rate of return on your investments.
Yes, you can include expected income from pensions, rental income, part-time work, or other post-retirement sources to get a more accurate estimate of your retirement readiness.