MyAIUtility

Retirement Calculator

Plan your retirement corpus and understand how much you need to save.

Required Retirement Corpus

₹7.59 Cr

At age 60

Future Value of Savings

₹1.50 Cr

Your savings at retirement

Shortfall

₹6.09 Cr

Required Monthly SIP

₹17,429

Start a monthly SIP of ₹17,429 to meet your retirement goal.

Expense Projection

Today's Monthly Expense

₹50,000

Expense at Retirement

₹2.87 L

(Adjusted for 6% inflation)

Retirement Timeline

30

Today

60

Retirement

30 years

85

Life Expectancy

25 years post-retirement

Savings Growth Projection

AgeSavings Value% of Goal
30₹5.00 L0.7%
35₹8.81 L1.2%
40₹15.53 L2.0%
45₹27.37 L3.6%
50₹48.23 L6.4%
55₹85.00 L11.2%
60₹1.50 Cr19.7%

Retirement Planning Tips

Start Early

The power of compounding works best over long periods. Starting 10 years earlier can significantly reduce your required monthly investment.

Account for Inflation

Your expenses will increase over time. A 6% inflation rate means expenses double every 12 years.

Diversify

Consider a mix of EPF, PPF, NPS, and mutual funds for tax-efficient retirement savings.