Retirement Planning Calculator India
This retirement planning calculator India helps you estimate how much corpus and SIP investment you may need based on your assumptions, including Step-Up SIPs and existing savings.
If your goal is long-term wealth creation before retirement, you may also explore our SIP calculator to understand how monthly investments grow over time.
Your Details
Total wealth needed at age 60
With 10% annual increase
Once you retire, will your corpus last?
Check with Retirement Withdrawal Calculator →How to Use the Retirement Planning Calculator India
Retirement planning requires precision. With fluctuating inflation rates and interest rates on safe deposits trending downwards, relying on a fixed deposit return during retirement is risky.
The Hisabhkaro Retirement Planner allows you to input your Existing Corpus (EPF, PPF, Mutual Funds) and adjust your Post-Retirement ROI to realistic levels (e.g., 6-7% for Debt Funds). It also supports Step-UP SIP Calculator, enabling you to start small and increase investments as your salary grows.
Retirement Calculator vs Retirement Planning
This calculator helps you accumulate the required retirement corpus. However, retirement planning does not end at accumulation. After retirement, you must carefully plan withdrawals to avoid running out of money.
Use our retirement withdrawal calculator to simulate monthly income during your retirement years and ensure financial stability.
How the “Step-Up” Logic Works
Most salaried Indians receive annual appraisals. A “Step-Up SIP” strategy involves increasing your SIP amount by a fixed percentage (e.g., 10%) every year.
- Lower Initial Burden: You don’t need to start with a massive SIP amount today.
- Beat Inflation: Increasing your investment helps you outpace lifestyle inflation.
- Existing Corpus Integration: We calculate the future value of your current savings (Note: EPF typically compounds at ~8.25%) and subtract it from your target.
Frequently Asked Questions
How much retirement corpus do I need in India?
There is no single fixed retirement number that works for everyone in India. The corpus you need depends on several factors such as your current lifestyle, expected retirement age, life expectancy, inflation, and post-retirement investment returns. A commonly used rule of thumb is the 25x–30x rule, which suggests that you should aim for a retirement corpus equal to 25–30 times your annual expenses at the time of retirement.
Why is inflation so important in retirement planning?
Inflation is one of the biggest risks in retirement planning because it steadily reduces your purchasing power over time. For example, a monthly expense of ₹50,000 today may become ₹1.6–2 lakh per month after 25 years at 6–7% inflation. This retirement planning calculator India explicitly adjusts your future expenses using inflation assumptions.
What inflation rate should I assume for India?
For long-term retirement planning in India, 6%–7% is a standard assumption for general lifestyle expenses, while healthcare inflation is often higher at 8%–10%.
What is the difference between retirement planning and retirement withdrawal planning?
Retirement planning focuses on the accumulation phase (how much corpus you need and how to save it). Retirement withdrawal planning focuses on the decumulation phase (how to withdraw monthly income sustainably). It is recommended to use a retirement withdrawal calculator after determining your target corpus.
How does a Step-Up SIP help in retirement planning?
A Step-Up SIP allows you to increase your SIP contribution every year, usually in line with salary increments. This strategy is particularly effective for long-term goals like retirement because it reduces the burden of starting with a high SIP amount and helps investments keep pace with inflation.
Should I include my existing EPF, PPF, or mutual fund savings?
Yes. Ignoring existing savings often leads to overestimating the SIP required. If you already have money invested in EPF, PPF, NPS, or mutual funds, those investments will continue to compound until retirement. This calculator lets you include existing corpus so your SIP requirement reflects only the additional savings needed.
What return should I assume after retirement?
Post-retirement investments are usually shifted toward safer instruments such as Debt Mutual Funds, Fixed Deposits, and Annuities. A reasonable assumption for India is 6%–7%. Overestimating post-retirement returns is risky.
How long should I plan for retirement income?
Life expectancy in India is steadily increasing. Retirement planning should ideally cover 25–30 years of post-retirement life to provide a safety buffer against longevity risk and medical costs.
Disclaimer & Assumptions
This calculator is for educational purposes only. Calculations assume the Step-Up percentage is applied annually (though real SIPs compound monthly). Inflation and ROI are assumed constant for simplicity. Please consult a qualified financial professional before making investment decisions.