👵 Retirement Planner
Free ToolDetermine the monthly SIP savings and total corpus required to secure your post-retirement life, adjusted for inflation.
Retirement Parameters
Planning₹6,09,95,966
At retirement age₹17,280
Start saving monthly today₹2,29,740
Inflation adjusted at startRetirement Wealth Lifecycle (Growth & Drawdown)
Retirement Corpus Investment Strategies
NPS (National Pension Scheme)
An excellent tool for Indian taxpayers offering extra ₹50,000 tax deduction under Sec 80CCD(1B), compounding at low costs.
EPF / VPF Contributions
Employees Provident Fund earns stable compounding tax-free interest, forming the bedrock of conservative retirement corpus.
Mutual Fund SIPs
For pre-retirement growth, allocating 60-70% to diversified equity mutual funds beats inflation over long horizons.
SWP (Systematic Withdrawal)
Post-retirement, move corpus to debt funds or annuities and set up SWP to get a steady monthly cash inflow while capital keeps growing.
Why Inflation is Your Biggest Enemy in Retirement
Retirement planning is not just about compounding savings—it is a race against **inflation**. At an average inflation rate of 6% per annum, the purchasing power of your money halves approximately every 12 years. This means if you spend ₹40,000 monthly today, you will need ₹2.3 Lakhs monthly in 30 years to buy the exact same goods and services.
The Retirement Corpus lifecycle:
A sound retirement plan comprises two core stages:
- Growth Phase (Pre-Retirement): You systematically invest monthly savings (via SIPs) in high-yield assets like equity mutual funds. This builds your nest egg aggressively over your working years.
- Distribution Phase (Post-Retirement): The accumulated corpus is transitioned into safer, income-generating schemes (such as the Senior Citizens Savings Scheme - SCSS, or bank FDs). You set up a Systematic Withdrawal Plan (SWP) to fund your monthly living costs, while the rest of the corpus continues to accrue interest.