Retirement Calculator
The inflation-adjusted corpus you need — and whether you're on track for it.
Your retirement plan
how long the corpus must last.
Rent, pension or a 2nd income that keeps coming in retirement — it offsets your expenses, so you need a smaller corpus.
Return before retirement
typical long-term, illustrative — not a guarantee.
usually lower — the corpus turns defensive.
Results update live — calculations run in your browser, no signup.
₹6.82 Cr
To retire at 60 and fund 25 years — you're on track for 122% of it
On track to retire as planned. Your corpus is projected to last through age 85+. Keep investing and revisit yearly.
Projections built on your assumptions — returns aren't guaranteed, and a real drawdown rarely matches a smooth model.
Your retirement journey
- TodayAge 30₹10.00 L
- RetireAge 60 · 30y away₹8.29 Cr
- Funded to planAge 85+Lasts the plan
- Life expectancyAge 85 · 25y retired
Age 38
₹48.99L
Age 45
₹1.30Cr
Age 53
₹3.56Cr
Age 60
₹8.29Cr
You need
for 25 years
You'll have
122% of target
Surplus
ahead of plan
To retire at 60 and fund 25 years of inflation-adjusted expenses, you need about ₹6,81,82,471. On your current savings and SIP, you're on track to build ₹8,29,08,629 — a projected surplus of ₹1,47,26,158, and the corpus is modelled to last through age 85+. Keep it invested and revisit yearly. These are estimates built on your assumptions, not promises.
How long will your money last?
Drawing inflation-growing expenses from different corpus sizes.
75% of it
₹6.22Cr
Lasts to 82
22 yrs of 25
Your corpus
₹8.29Cr
Lasts to 85+
25+ yrs of 25
125% of it
₹10.36Cr
Lasts to 85+
25+ yrs of 25
150% of it
₹12.44Cr
Lasts to 85+
25+ yrs of 25
A simplified annual drawdown: each year the corpus earns 8.0% and pays the rising expense. Real markets are bumpy and the order of returns matters — treat the age as a guide, not a promise.
Year-by-year build-up
Your projected corpus — savings plus SIP, compounded at 12.0% — at the end of each of the 30 working years, and how much of the ₹6.82 Cr target it covers.
| Age | Year | Invested so far | Projected corpus | % of target |
|---|---|---|---|---|
| Age 31 | 1 | ₹11.80 L | ₹13.12 L | 2% |
| Age 32 | 2 | ₹13.60 L | ₹16.63 L | 2% |
| Age 33 | 3 | ₹15.40 L | ₹20.58 L | 3% |
| Age 34 | 4 | ₹17.20 L | ₹25.01 L | 4% |
| Age 35 | 5 | ₹19.00 L | ₹30.00 L | 4% |
| Age 36 | 6 | ₹20.80 L | ₹35.60 L | 5% |
Save more, build more
Extra SIP on top of your ₹15,000/mo → bigger corpus.
| Extra / month | Projected corpus | % of target |
|---|---|---|
| Current | ₹8.29 Cr | 122% ✓ |
| +₹5,000 | ₹10.06 Cr | 147% ✓ |
| +₹10,000 | ₹11.82 Cr | 173% ✓ |
| +₹25,000 | ₹17.12 Cr | 251% ✓ |
| +₹50,000 | ₹25.94 Cr | 380% ✓ |
Highlighted rows fully fund the ₹6.82 Cr target at 12.0% return.
Delay retirement, save big
A few more working years shrinks the corpus needed and the gap.
| Retire at | Corpus needed | SIP needed | Surplus |
|---|---|---|---|
| Age 60 (now) | ₹6.82 Cr | ₹19,316/mo | ₹1.47 Cr |
| Age 62 | ₹7.17 Cr | ₹15,903/mo | ₹3.35 Cr |
| Age 65 | ₹7.62 Cr | ₹11,737/mo | ₹7.40 Cr |
Each row re-runs the full plan at that retirement age. More years compound your savings and shorten retirement.
What if your return changes?
Total monthly SIP to hit ₹6.82 Cr by age 60, at typical illustrative returns.
Each row sizes the total SIP that, alongside your ₹10.00 L of savings, reaches the corpus by retirement at that return. A higher assumed return needs a smaller SIP but carries more risk. Illustrative, not guarantees.
Inflation impact — the silent killer
The same lifestyle costs far more by the time you retire.
Expenses today
₹50,000
/mo at age 30
Expenses at retirement
₹2.87 L
/mo at age 60
At 6.0% inflation, what costs ₹50,000/mo today will cost ₹2.87 L/mo when you retire — and it keeps rising through retirement. This is why a corpus that looks huge today can still fall short.
Monthly retirement income
What the corpus funds each month, inflation-adjusted.
Spend today
₹50,000/mo
Income at retirement
₹2.87 L/mo
First-year spend
₹34.46 L/yr
Withdrawal rate
4.2%
Your ₹50,000/mo today grows with 6.0% inflation to ₹2.87 L/mo by retirement — that is the income the corpus must cover.
Retirement income sources
A typical mix that builds the ₹8.29 Cr corpus (illustrative).
On-track corpus
₹8.29 Cr
- EPF / PPF35%
- Mutual funds35%
- NPS20%
- Other10%
An illustrative allocation of your projected corpus across common retirement buckets — your real mix depends on your own EPF, PPF, NPS and fund balances.
Lifestyle planner
Split your ₹2.87 L/mo retirement spend across buckets.
Monthly total
₹2.87 L
- Housing30%
- Healthcare20%
- Food25%
- Travel15%
- Other10%
Retirement health score
Four transparent reads of your plan, rolled into one.
Healthy plan
Funding
100
projected corpus vs target
Time horizon
86
30y to compound
Longevity cover
100
lasts to 85+
Real return
47
1.9% after inflation
Tax-efficient retirement
Where you hold the corpus changes how much you keep.
EPF & PPF
EEEContributions, growth and withdrawals are tax-free — the most tax-efficient long-term buckets.
NPS
Tax-deferredExtra 80CCD(1B) deduction while saving; 60% of the corpus tax-free at 60, the rest annuitised.
Mutual funds
LTCGEquity gains over the yearly exemption are taxed at long-term rates; debt funds at your slab.
Tax rules and limits change and depend on your regime and income — verify with a tax adviser before acting.
Key insight
Retiring at 60 needs about ₹6.82 Cr to cover 25 years of expenses that start at ₹2.87 L/mo and keep rising. Your savings and SIP are on track for ₹8.29 Cr — a ₹1.47 Cr surplus. Stay invested and revisit yearly.
Key takeaways
- Corpus needed: ₹6.82 Cr
- On track to build: ₹8.29 Cr (122%)
- Projected surplus: ₹1.47 Cr
- SIP to be on track: ₹15,000/mo
- Corpus lasts to age: 85+
Wealth gained is 92% of the corpus — growth on top of the ₹64.00 L you put in.
Retirement checklist
Tick off the basics of a resilient plan.
Start investing in mutual funds
Open a free account with ICICI Prudential AMC and start an SIP online. ICICI Prudential Mutual Fund, at no extra cost to you.
Your plan: on track for ₹8.29 Cr — funding retirement at 60.
Plan the rest of your money life
Build the corpus, draw an income, or see where EPF and NPS fit in.
The corpus is the present value at retirement of an inflation-growing expense stream, discounted at your post-retirement return (a real-return model). The required SIP assumes monthly investments at the start of each month, growing at your pre-retirement return; the "on track" corpus compounds your current savings and SIP at the same rate. The readiness score, health score and any verdict are a transparent judgement of your own inputs against the corpus target — not an endorsement. All rates are assumptions and all projections are estimates, not guarantees or advice — markets vary, lifespans differ, and inflation moves. Revisit the plan as your income, expenses and goals change.
How the retirement corpus is calculated
Corpus = E × [ (1 − (1 + r)⁻ᴺ) ÷ r ], where E = expense₀ × (1 + f)ʸ × 12 and r = (1 + g) ÷ (1 + f) − 1
- Corpus
- lump sum needed at retirement
- E
- first-year retirement expense (today's monthly spend inflated to retirement, ×12)
- expense₀
- current monthly expense (net of any retirement income)
- f
- inflation rate (annual)
- y
- years until you retire = retire age − current age
- g
- post-retirement return (annual)
- r
- real return after retirement = (1 + g) ÷ (1 + f) − 1
- N
- years in retirement = life expectancy − retire age
Worked example
With your inputs — ₹50,000/month today, growing at 6.0% inflation over 30 years — your first-year expense at 60 works out to about ₹2.87 L/month (₹34.46 L/year). Discounting that rising spend over 25 years at a real return of r = 1.89% (your 8.0% post-retirement return net of inflation) gives a corpus of about ₹6.82 Cr. This is a projection for a level inflation-adjusted drawdown, before tax — not a guarantee.
Retirement planning questions
Enough to fund your inflation-adjusted expenses for your whole retirement. This tool takes today's monthly spend, grows it to your retirement date by inflation, then computes the present value at retirement of that rising expense stream discounted at your post-retirement return. There's no single magic number — it depends on your spending, how long you live, and your returns.
We compound your existing savings at your pre-retirement return and add the future value of the monthly SIP you're already running. If that projected corpus meets or beats the corpus you need, you're on track; if it falls short, the gap is the shortfall. The adequacy verdict and any 'extra SIP' figure are a transparent judgement of your own inputs against the corpus target — not an endorsement or a guarantee.
Inflation compounds for decades. At 6% a year, costs roughly double every 12 years, so an expense that's modest today can be several times larger by the time you retire — and keeps rising through retirement. Ignoring it is the most common way retirement plans fall short.
Usually lower than before retirement, because the corpus is shifted toward safer, lower-volatility assets to protect it. The gap between your post-retirement return and inflation — the real return — is what actually determines how large a corpus you need.
A large one. The required monthly SIP scales steeply with how few years you have left to compound. Starting in your 20s versus your 40s can cut the monthly amount by more than half, because money invested earlier compounds for longer.
No. Every return, the inflation rate and the sustainability age are projections built on the assumptions you enter, not promises. Markets vary, you can't know your exact lifespan, and a real drawdown rarely matches a smooth model. Treat all of it as a planning estimate to revisit, not advice.
The complete guide to retirement planning
Start with adequacy, not a magic number
Retirement planning works backwards from the life you want to fund. You start with what you spend today, grow it to your retirement date by inflation, and size a corpus large enough to cover that rising expense stream for every year you expect to live. But the number on its own isn't the point — what matters is whether you're on track for it. That's why this tool compares the corpus you need against the corpus your savings and current SIP are projected to build, and leads with the gap.
How the corpus is calculated
Your ₹50,000/mo of spending today grows with inflation to about ₹2.87 L/mo by the time you retire at 60. The corpus is the present value at retirement of that inflation-growing expense stream, discounted at your post-retirement return — a real-return model that already accounts for inflation continuing through retirement. Here that works out to roughly ₹6.82 Cr to fund 25 years. The real return that drives it — your post-retirement return minus inflation — is 1.9% on these assumptions.
Are you on track, and will it last?
We compound your ₹10.00 L of savings and the future value of your ₹15,000/mo SIP at 12.0% to retirement — projecting ₹8.29 Cr, or 122% of the target. We then draw inflation-growing expenses from that corpus to estimate how long it lasts: here, to about age 85+ against a plan to 85. If there's a gap, the extra monthly SIP shown closes it by retirement. All of this is an estimate, not a promise.
Why starting early is the biggest lever
The required monthly SIP scales steeply with how few years you have left to compound. Starting in your 20s versus your 40s can more than halve the monthly amount, because money invested earlier compounds for longer. A modest, automated step-up each year as your income rises is usually easier than finding a large lump later. Inflation and time matter more than picking the perfect fund.
Treat every figure as an estimate
Every input here is an assumption. Returns are not guaranteed, you can't know your exact lifespan, and inflation varies. The return options are typical long-term, illustrative figures, not forecasts; market-linked returns are projections, not promises, and past performance does not guarantee future returns. Any tax-related point depends on rules that change. Treat the corpus, the gap and the sustainability age as a planning estimate to revisit as your income, expenses and goals change — not advice.
Make the corpus tax-efficient
Where you hold the corpus matters as much as its size. EPF and PPF are tax-free at every stage; NPS gives an extra deduction while saving and a partly tax-free withdrawal at 60; equity mutual funds are taxed at long-term rates above the yearly exemption. Spreading the corpus across these buckets, and drawing it down in a tax-aware order, lets you keep more of what you built. Rules change — confirm specifics with a tax adviser.