📖 Retirement Calculator
Retirement planning is essential for financial security. This calculator helps you estimate the retirement corpus needed, projected savings, and monthly withdrawals. Start planning today to ensure a comfortable retirement.
📐 How to Calculate Retirement Corpus
Corpus Needed = Monthly Withdrawal × (1 - (1+r)^-n) / r
Where r = monthly return rate, n = number of months in retirement
📊 Retirement Savings Guide
| Age | Income Multiple | Savings Goal |
|---|
| 30 | 1× annual salary | $10-15K |
| 40 | 3× annual salary | $40-60K |
| 50 | 6× annual salary | $100-150K |
| 60 | 10-12× annual salary | $200-300K |
💡 Retirement Planning Tips
- Start early - time is your greatest asset
- Increase contributions by 1% annually
- Diversify investments across stocks, bonds, and real estate
- Consider inflation - 3% inflation halves purchasing power in 24 years
- Follow the 4% withdrawal rule for sustainable retirement income
❓ Frequently Asked Questions
How much do I need to retire? ▼
A common rule is 25x annual expenses (4% rule). For $60,000/year, you need $1.5 million. This calculator gives a personalized estimate.
What is the 4% rule? ▼
Withdraw 4% of your portfolio in the first year, then adjust for inflation. Studies show this gives high probability of money lasting 30 years.
How does inflation affect retirement? ▼
At 3% inflation, $1 million today becomes $412,000 in purchasing power after 30 years. Always use real returns for projections.
What is a good retirement savings rate? ▼
Experts recommend saving 15-20% of pre-tax income. If starting later, save 25-30%.