🏖️ Retirement Calculator

What is a Retirement Calculator?

A retirement calculator helps you estimate how much money you'll need to retire comfortably. It shows how your current savings, monthly investments, and expected returns can grow into a retirement corpus over time.

Why Plan for Retirement Early?

• 💼 The earlier you start, the more time your money has to grow.
• 📈 Small monthly savings can turn into a large corpus thanks to compounding.
• 📊 Helps you understand the gap between your savings and your future needs.

How the Calculator Works

We use your inputs — like age, retirement age, current savings, and expected returns — to calculate your future wealth using the SIP Future Value formula:

FV = P × [(1 + r)nt – 1] ÷ r

• P = Monthly Contribution
• r = Monthly Rate of Return
• t = Years to Retirement
• n = 12 (months per year)

Who Should Use This?

This tool is useful for working professionals, business owners, and anyone who wants a clear view of their financial future. Whether you're just starting your career or approaching retirement, it helps you stay on track with your savings goals.

Common Questions

How accurate is this estimate?

The result gives you a projected value based on your inputs. Real-world factors like inflation and lifestyle changes can affect the actual outcome.

Can I update the calculator anytime?

Absolutely. You can revisit and tweak your numbers as your income, savings, or goals change.

Does it consider a step-up in contribution?

Yes. You can enter an annual percentage increase in your contributions, helping you account for salary hikes or business growth.