Retirement calculator
How big a corpus do I need to retire, and what must I save each month to get there?
In today's money. Inflation to your retirement date is applied for you.
Lower on purpose — a retired portfolio holds more debt than an accumulating one.
Only what is actually earmarked for retirement. The house you live in is not.
Longer is safer. Outliving the corpus is the failure this page exists to catch.
₹30,539to put away every month until 60
- Corpus needed at 60
- ₹9,13,77,767
- What you have grows to
- ₹3,40,00,129
- Still to build
- ₹5,73,77,638
- A month, at that age
- ₹3,43,350
On these numbers the corpus is spent by age 84. The monthly figure is solved with monthly compounding while the year-by-year table compounds annually, so the projection lands below the corpus needed — treat it as a floor, not a plan. Returns are assumed, not guaranteed.
| Age | Saved that year | Spent that year | Corpus |
|---|---|---|---|
| 36 | ₹3,66,468 | ₹0 | ₹26,06,468 |
| 37 | ₹3,66,468 | ₹0 | ₹32,85,712 |
| 38 | ₹3,66,468 | ₹0 | ₹40,46,466 |
| 39 | ₹3,66,468 | ₹0 | ₹48,98,509 |
| 40 | ₹3,66,468 | ₹0 | ₹58,52,799 |
| 41 | ₹3,66,468 | ₹0 | ₹69,21,602 |
| 42 | ₹3,66,468 | ₹0 | ₹81,18,663 |
| 43 | ₹3,66,468 | ₹0 | ₹94,59,370 |
| 44 | ₹3,66,468 | ₹0 | ₹1,09,60,963 |
| 45 | ₹3,66,468 | ₹0 | ₹1,26,42,746 |
| 46 | ₹3,66,468 | ₹0 | ₹1,45,26,344 |
| 47 | ₹3,66,468 | ₹0 | ₹1,66,35,973 |
| 48 | ₹3,66,468 | ₹0 | ₹1,89,98,758 |
| 49 | ₹3,66,468 | ₹0 | ₹2,16,45,077 |
| 50 | ₹3,66,468 | ₹0 | ₹2,46,08,954 |
| 51 | ₹3,66,468 | ₹0 | ₹2,79,28,496 |
| 52 | ₹3,66,468 | ₹0 | ₹3,16,46,384 |
| 53 | ₹3,66,468 | ₹0 | ₹3,58,10,418 |
| 54 | ₹3,66,468 | ₹0 | ₹4,04,74,136 |
| 55 | ₹3,66,468 | ₹0 | ₹4,56,97,501 |
| 56 | ₹3,66,468 | ₹0 | ₹5,15,47,669 |
| 57 | ₹3,66,468 | ₹0 | ₹5,80,99,857 |
| 58 | ₹3,66,468 | ₹0 | ₹6,54,38,308 |
| 59 | ₹3,66,468 | ₹0 | ₹7,36,57,373 |
| 60 | ₹3,66,468 | ₹0 | ₹8,28,62,726 |
| 61 | ₹0 | ₹41,20,200 | ₹8,45,42,916 |
| 62 | ₹0 | ₹43,67,412 | ₹8,60,93,508 |
| 63 | ₹0 | ₹46,29,457 | ₹8,74,90,597 |
| 64 | ₹0 | ₹49,07,224 | ₹8,87,07,715 |
| 65 | ₹0 | ₹52,01,658 | ₹8,97,15,597 |
| 66 | ₹0 | ₹55,13,757 | ₹9,04,81,932 |
| 67 | ₹0 | ₹58,44,582 | ₹9,09,71,085 |
| 68 | ₹0 | ₹61,95,257 | ₹9,11,43,804 |
| 69 | ₹0 | ₹65,66,973 | ₹9,09,56,897 |
| 70 | ₹0 | ₹69,60,991 | ₹9,03,62,889 |
| 71 | ₹0 | ₹73,78,651 | ₹8,93,09,640 |
| 72 | ₹0 | ₹78,21,370 | ₹8,77,39,945 |
| 73 | ₹0 | ₹82,90,652 | ₹8,55,91,089 |
| 74 | ₹0 | ₹87,88,091 | ₹8,27,94,374 |
| 75 | ₹0 | ₹93,15,376 | ₹7,92,74,604 |
| 76 | ₹0 | ₹98,74,299 | ₹7,49,49,528 |
| 77 | ₹0 | ₹1,04,66,757 | ₹6,97,29,238 |
| 78 | ₹0 | ₹1,10,94,762 | ₹6,35,15,522 |
| 79 | ₹0 | ₹1,17,60,448 | ₹5,62,01,161 |
| 80 | ₹0 | ₹1,24,66,075 | ₹4,76,69,167 |
| 81 | ₹0 | ₹1,32,14,040 | ₹3,77,91,969 |
| 82 | ₹0 | ₹1,40,06,882 | ₹2,64,30,525 |
| 83 | ₹0 | ₹1,48,47,295 | ₹1,34,33,366 |
| 84 | ₹0 | ₹1,57,38,133 | ₹0 |
| 85 | ₹0 | ₹1,66,82,421 | ₹0 |
Retirement planning is really two questions wearing one coat: how much money has to exist on the day the salary stops, and how much of this month's income has to leave for that day to arrive. The corpus is set by what you spend, not by what you earn — inflate today's monthly spending to your retirement date, then work out the pile that can pay it out for as long as you live. The monthly figure is what closes the distance between that pile and the one you already have.
A worked example
A 32-year-old whose household spends ₹60,000 a month today, planning to stop working at 58 and to be funded until 88, with ₹8 lakh already invested for retirement, assuming 6% inflation, 12% a year while working and 7% after retiring — those are the eight inputs, and this is what the calculator returns for them:
Computed by the calculator above with those eight inputs entered — it opens on different defaults. Enter your own and every figure here changes.
So ₹32,869 a month. Two things in that example are worth staring at. The first is ₹2,72,963 — that is what ₹60,000 of monthly spending becomes after 26 years of 6% inflation, and it is the single number that makes retirement corpuses look absurd. The second is in the year-by-year table: saving ₹32,869 a month lands the corpus at about ₹7.45 crore at 58, not ₹8.52 crore, and on those numbers the money runs out at 86 — two years short of the 88 that was planned for. The shortfall is the monthly versus annual compounding gap described in the FAQ below, and it is why the headline is a floor.
What this number does not account for
Tax on the way out
The corpus is treated as spendable in full. In reality equity redemptions are taxed as capital gains under section 112A, debt funds and FDs at your slab, and interest paid to you may arrive with TDS already deducted. A corpus that has to pay tax before it pays rent is smaller than the one on screen.
NPS is not a bank balance
If a large part of your corpus sits in NPS, PFRDA’s exit rules require at least 40% of it at 60 to buy an annuity — so that portion is never a lump sum you can draw down freely, and the annuity income is taxable as income when it arrives.
One inflation rate for everything
Medical costs and, in India, private education have historically run well above headline CPI, and both land unevenly — a hospital admission is not one-twelfth of a year. The single inflation slider smooths a curve that is lumpy exactly when you can least absorb it.
No income after you stop working
Rent, a spouse still employed, EPS or a government pension, an annuity already bought, a shop or a share of family land — none of it is here. Each one reduces the corpus the calculator asks you to build, and none of it can be entered.
Three more limits worth naming. The plan assumes you save the same rupee amount every month for decades, which nobody does — raising the contribution as your income rises reaches the same corpus from a smaller start, but a step-up is not modelled here, so what you get is the flat equivalent. The maths also applies one smooth return every year: a real portfolio can fall 30% in the first two years of retirement, and withdrawing through that does far more damage than the same fall a decade later. And the projection is for a person, not a household — the table shows at most 30 years of retirement, and a couple retiring together should plan until the later of the two dates, not the average.
Work out the next piece
- FIRE number — the same question asked backwards: what corpus lets you stop now, and how many years away is it.
- SIP — what a monthly amount actually grows into, and what a step-up each year does to the total.
- SWP — the drawdown half. How long a finished corpus lasts at a chosen monthly withdrawal.
How much do I need to retire in India?
There is no single number, because the corpus is a multiple of your own spending, not of the national average. Take what your household actually spends in a month today, inflate it to the year you stop working, and fund that inflating amount for every year you expect to live afterwards. Two families on the same salary can need corpuses that differ twofold, because one spends half what the other does — the corpus this page asks for moves rupee for rupee with your monthly spending.
Is 1 crore enough to retire?
Ask it the other way round: at a 4% first-year withdrawal, a crore pays about ₹33,000 a month before inflation eats into it. If your household spends more than that today, a crore is not the answer for a retirement starting today — and a crore in twenty years buys far less than a crore now. Enter your real spending above and read the corpus the calculator asks for.
Why does the corpus in the table end up lower than the corpus needed?
Because the monthly amount is solved with monthly compounding while the year-by-year table adds up a year at a time. Money contributed monthly and compounded annually earns less, so the projection lands under the target the calculator just quoted. Treat the monthly figure as a floor: saving exactly that much gets you close, saving a little more gets you there.
Does this include my EPF and NPS?
Only if you put them in. The "Already saved" field is whatever you type into it, so add your EPF balance, your NPS corpus and any retirement-earmarked mutual funds, and leave out the house you live in. What it cannot do is model their separate rules — EPF is credited at the rate the EPFO declares each year, not at the return you chose here, and NPS keeps compounding on its own asset mix.
What withdrawal rate does the calculator assume?
None directly. Rather than applying a fixed percentage, it discounts your inflating expenses at your post-retirement return to work out the pile that funds them exactly — which is why lowering the post-retirement return or raising inflation pushes the corpus up so sharply. The real return, the gap between the two, is the number that decides everything.
What happens if I retire earlier?
Two things move against you at once: fewer years to accumulate, and more years to fund. Pull the retirement age down by five and the monthly saving needed usually rises by much more than a quarter. That trade-off in isolation is what the FIRE calculator is for.
This page starts from typical figures. In Hundo the same calculator opens on your own — the loan, the deposit, the salary already on the ledger — and says where each number came from.