Clarity for the years ahead
Retirement calculator for India
The amount you need to retire depends on your spending, retirement age, inflation and years in retirement. This calculator estimates the capital needed to fund those years after an assumed withdrawal tax, then works out a constant monthly savings target.
Your numbers, your assumptions
Try an unsaved estimate
The starting numbers are a fictional example. Calculations stay in this page’s memory and never read or change your saved plan. Enter numeric amounts in rupees, not lakhs or crores.
Illustrative example result
- Corpus needed at retirement
- ₹8.13 crore
- Projected savings at retirement
- ₹3.44 crore
- Total monthly saving needed
- ₹59,725
First retirement year’s spending: ₹25.75 lakh per year. Corpus and projected savings are future nominal rupees at age 60; monthly saving is a constant amount from now until retirement.
Rounded for display. Not a guarantee, success probability or personalised financial advice. No pension income, major events, spending changes or scheme-specific access rules are included in this simplified calculation.
Open the full retirement planner → Add accounts, retirement income and family events there. These unsaved inputs will not be transferred.
How to use the estimate
- Enter ages, current monthly spending and total retirement savings. Count every account balance once.
- Review inflation, net return and withdrawal-tax assumptions rather than accepting the example as a forecast.
- Compare the corpus estimate with projected savings. Try lower returns, higher spending or a longer horizon.
See formulas, timing and limitations, or read how to estimate retirement needs in India.
Compare assumptions before deciding
Explore retirement at 50 versus 60 and how inflation changes the corpus. Developers can reproduce the same model through the optional numeric calculation API; this interactive calculator continues to run locally.
Frequently asked questions
How much money do I need to retire in India?
There is no single amount for every household. Start with your current expenses, inflate them to retirement, then fund each retirement year after assumed taxes and net investment returns. The calculator shows the corpus in future rupees at retirement, not today’s purchasing power.
Does the monthly savings target include what I already save?
Yes. It is the total constant monthly saving required, not an extra payment on top of your current contributions. Subtract what you already save to estimate an additional amount. Contributions are aggregated at each year end, not compounded monthly.
Are the returns and withdrawal tax guaranteed?
No. Every rate is an editable illustration. The default 5% effective withdrawal tax is not a statutory rate; the full planner represents it as a 25% taxable share multiplied by a 20% tax rate. Actual taxes depend on investments and personal circumstances.
Can I include EPF, NPS and PPF savings?
You can count each balance once in total savings, but the calculator notionally pools those assets. It does not check when you can legally withdraw them or how their scheme-specific taxes work. Use the full planner for separate account records and check current scheme rules before acting.