Reva Money · Calculators · Retirement calculator
Work out the corpus you need to retire on your current monthly spend, after inflation, and the monthly SIP that gets you there.
| Monthly spend today | ₹75,000 |
|---|---|
| Years to retirement | 20 years |
| Years in retirement | 30 years |
| Inflation a year | 6% |
| Return a year before retiring | 11% |
| Return a year after retiring | 7% |
| Corpus you need | ₹7.58 Cr |
| Your monthly spend when you retire | ₹2.41 L |
| Monthly SIP to get there | ₹86,793 |
Your spend grows with inflation until you retire and keeps growing after. The corpus has to pay that rising amount for every year of retirement while the rest stays invested.
The calculator takes the money out at the start of each year of retirement, and finds the monthly SIP that reaches the corpus by the date you retire.
Formula: Corpus = First year’s spend × (1 − g^n) ÷ (1 − g), where g = (1 + inflation) ÷ (1 + return after retiring) and n is the years in retirement.
Retiring in 20 years for 30 years, at 6% inflation and 7% after retiring, about ₹7.58 Cr.
No. Take what those will give away from the corpus, or use their calculators to see their share.
Illustrative only. These figures assume steady returns, which real investments don’t give. They are not investment advice.