Retirement Savings Calculator
Inflation-adjusted corpus planning with EPF/PPF/NPS breakdown and withdrawal analysis
Your Retirement Profile
Enter your details to compute the retirement corpus needed
Corpus = FV_expenses × 12 × [1 − (1+r)^(−n)] / r | r = real return / 12, n = months in retirement
SIP = Corpus × monthly_rate / ((1 + monthly_rate)^months − 1)
Year-by-Year Projection
See exactly how your corpus grows year by year
| Year | Age | Annual Contribution | Portfolio Value | Inflation-Adj. Value |
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Withdrawal Planner
How long will your corpus last in retirement?
Tip: Leave Monthly Withdrawal blank to auto-calculate from SWR. Or enter a custom amount to see how long it lasts.
| Year | Annual Withdrawal | Investment Return | Year-End Balance |
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Multi-Source Planner
Combine EPF, PPF, NPS and your own savings
EPF rate: 8.25% p.a. | Contribution: 24% of basic salary (employee + employer)
PPF rate: 7.1% p.a. | Annual compounding | EEE tax benefit
NPS assumed return: 10% p.a. | Market-linked (equity + debt mix)
Worked Examples
Retirement Planning in India — A Complete Guide
Retirement planning is the most important financial goal for any working individual, yet it is also the most commonly neglected. Unlike a home loan or car purchase, retirement does not have a hard deadline staring you in the face — which makes it easy to postpone. But the mathematics of compounding are ruthless: every year you delay costs you far more than the amount you would have invested.
This retirement savings calculator helps you determine exactly how much corpus you need, what monthly SIP can get you there, and how to combine multiple savings vehicles like EPF, PPF, NPS, and equity mutual funds into a unified retirement plan.
The Retirement Corpus Formula
The corpus needed for retirement is not simply your current expenses multiplied by years in retirement. You must account for three critical adjustments:
- Inflation before retirement: Your monthly expenses will be significantly higher at retirement age. At 6% inflation, expenses double every 12 years.
- Real return during retirement: Your corpus continues to grow during withdrawal, but the net real return (return minus inflation) is what matters.
- Longevity risk: You need your money to last your entire lifetime. Planning for age 85 or even 90 is prudent given improving healthcare.
How Much Should You Save?
A 30-year-old earning ₹1 lakh/month who wants to retire at 60 with ₹50,000/month of today's purchasing power (inflated at 6% over 30 years) will need approximately ₹2.87 lakh/month at retirement. To sustain this for 25 years of retirement (age 60–85) at a post-retirement return of 7%, the corpus required is approximately ₹9.6 crore. A monthly SIP of around ₹17,200 at 10% p.a. for 30 years would build exactly this corpus. Starting just 5 years later raises this SIP to approximately ₹31,800 per month.
EPF, PPF and NPS — Your Retirement Foundation
India provides three tax-advantaged retirement vehicles that form the foundation of any retirement plan:
| Instrument | Who Can Invest | Current Rate | Tax Status | Lock-in |
|---|---|---|---|---|
| EPF | Salaried employees | 8.25% p.a. | EEE (fully exempt) | Till retirement / resignation |
| PPF | All Indian citizens | 7.1% p.a. | EEE (fully exempt) | 15 years (extendable) |
| NPS | All Indian citizens (18–70) | 9–11% (market-linked) | EET (partial tax on exit) | Till age 60 |
A well-balanced retirement portfolio uses all three. EPF and PPF provide guaranteed, inflation-protected (partially) returns with zero market risk. NPS provides potential for higher returns through equity exposure. Equity mutual funds via SIP fill any remaining gap with maximum long-term growth potential.
The Safe Withdrawal Rate in India
The 4% SWR (Safe Withdrawal Rate) was derived from US market data over a 30-year period. In the Indian context, higher inflation and potentially higher long-term equity returns create a different dynamic. Most Indian financial planners suggest a 3–3.5% SWR for conservative planning, or 4% if you have a flexible withdrawal strategy. At a 4% SWR, a ₹3 crore corpus generates ₹12 lakh per year or ₹1 lakh per month in the first year, with annual inflation adjustments thereafter.
The FIRE Movement in India
Financial Independence, Retire Early (FIRE) is gaining traction in India. Key FIRE strategies include maintaining a savings rate of 50–70% of income, investing aggressively in equity during early working years, building a corpus of 25–33x annual expenses, and developing multiple income streams for flexibility. The Advanced tab's Withdrawal Planner helps you model whether your corpus can sustain an early retirement with your desired withdrawal amount.
Retirement Planning Tips for Indians
- Start as early as possible: Time is the most powerful variable in retirement planning. Even ₹2,000/month started at age 22 can dwarf ₹10,000/month started at age 35.
- Maximize EPF and PPF first: These offer guaranteed, tax-free returns. Maximize PPF contributions to ₹1.5 lakh annually before looking at other options.
- Use NPS for additional tax benefits: Additional NPS contributions of ₹50,000 under Section 80CCD(1B) provide tax deduction beyond the ₹1.5 lakh 80C limit.
- Invest equity-heavy in early years: When retirement is 20+ years away, 70–80% equity allocation in mutual funds is appropriate. This gradually shifts to 40–50% as you approach retirement.
- Account for healthcare costs: Medical expenses post-retirement can be substantial. Maintain adequate health insurance and allocate a separate healthcare buffer in your corpus.