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    Retirement Amount Calculator

    Uploaded by

    Ashish Prabhu
    This document contains inputs for calculating a required retirement corpus, including a current age of 23, retirement age of 50, current monthly expense of ₹35,000, and inflation rate of 5%. It then shows projected annual expenses and remaining corpus amounts over 20 years after retirement if fully funded with an initial amount of ₹2,25,64,566. It also provides inputs for a step-up SIP calculation of 5% annual increases and 10% annual returns to determine the initial monthly SIP of ₹9,116 required from age 23 to achieve the retirement corpus.

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    Retirement Amount Calculator

    Uploaded by

    Ashish Prabhu
    7 views3 pages
    This document contains inputs for calculating a required retirement corpus, including a current age of 23, retirement age of 50, current monthly expense of ₹35,000, and inflation rate of 5%. It then shows projected annual expenses and remaining corpus amounts over 20 years after retirement if fully funded with an initial amount of ₹2,25,64,566. It also provides inputs for a step-up SIP calculation of 5% annual increases and 10% annual returns to determine the initial monthly SIP of ₹9,116 required from age 23 to achieve the retirement corpus.

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    Retirement amount calculator

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    This document contains inputs for calculating a required retirement corpus, including a current age of 23, retirement age of 50, current monthly expense of ₹35,000, and inflation rate of 5%. It then shows projected annual expenses and remaining corpus amounts over 20 years after retirement if fully funded with an initial amount of ₹2,25,64,566. It also provides inputs for a step-up SIP calculation of 5% annual increases and 10% annual returns to determine the initial monthly SIP of ₹9,116 required from age 23 to achieve the retirement corpus.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    7 views3 pages

    Retirement Amount Calculator

    Uploaded by

    Ashish Prabhu
    This document contains inputs for calculating a required retirement corpus, including a current age of 23, retirement age of 50, current monthly expense of ₹35,000, and inflation rate of 5%. It then shows projected annual expenses and remaining corpus amounts over 20 years after retirement if fully funded with an initial amount of ₹2,25,64,566. It also provides inputs for a step-up SIP calculation of 5% annual increases and 10% annual returns to determine the initial monthly SIP of ₹9,116 required from age 23 to achieve the retirement corpus.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 3

    EDIT ONLY BLUE COLORED CELLS

    Inputs for calculating required retirement corpus


    Current Age 23
    Retirement Age 50
    Current Monthly Expense ₹35,000
    Inflation Rate % 5.00%

    TO INCREASE YEARS AFTER RETIREMENT, DRAG THE LAST ROW DOWN

    Year after retirement Expense (per year) Initial Amount Remaining amount
    1 ₹15,68,052 ₹2,25,64,566 ₹2,09,96,514
    2 ₹16,62,135 ₹2,30,96,166 ₹2,14,34,031
    3 ₹17,61,863 ₹2,35,77,434 ₹2,18,15,571
    4 ₹18,67,575 ₹2,39,97,128 ₹2,21,29,554
    5 ₹19,79,629 ₹2,43,42,509 ₹2,23,62,880
    6 ₹20,98,407 ₹2,45,99,168 ₹2,25,00,761
    7 ₹22,24,311 ₹2,47,50,838 ₹2,25,26,526
    8 ₹23,57,770 ₹2,47,79,179 ₹2,24,21,409
    9 ₹24,99,236 ₹2,46,63,550 ₹2,21,64,314
    10 ₹26,49,190 ₹2,43,80,745 ₹2,17,31,555
    11 ₹28,08,142 ₹2,39,04,710 ₹2,10,96,569
    12 ₹29,76,630 ₹2,32,06,226 ₹2,02,29,595
    13 ₹31,55,228 ₹2,22,52,555 ₹1,90,97,327
    14 ₹33,44,542 ₹2,10,07,060 ₹1,76,62,518
    15 ₹35,45,214 ₹1,94,28,770 ₹1,58,83,555
    16 ₹37,57,927 ₹1,74,71,911 ₹1,37,13,984
    17 ₹39,83,403 ₹1,50,85,382 ₹1,11,01,980
    18 ₹42,22,407 ₹1,22,12,178 ₹79,89,771
    19 ₹44,75,751 ₹87,88,748 ₹43,12,997
    20 ₹47,44,296 ₹47,44,296 ₹0
    Inputs for calculating required SIP
    Step-up % 5.00%
    Returns % 10.00%

    FINAL RESULTS
    Required Retirement
    Corpus for 20 years ₹2,25,64,566 THIS IS THE REQUIRED RETIREMENT CORPUS
    THIS IS THE INITIAL SIP REQUIRED FROM CURRENT AGE TO
    Initial SIP (per month) ₹9,116 ACHIEVE RETIREMENT CORPUS
    D RETIREMENT CORPUS
    P REQUIRED FROM CURRENT AGE TO
    T CORPUS

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