Retirement Planner-I (Fill only cells in green)

Current year 2011 Your Monthly

Age at the end of current year 37 Age Year invest.
No of years you expect to work (play with this!) 5 37 2011
Current expenses per month (annual/12) 30000 38 2012 165,119
Post-ret. additional expenses (%) 25.00% 39 2013 181,631
Use to overestimate for safety since inflation is ignored 40 2014 199,794
post-retirement (for a start) 41 2015 219,773
Expected inflation upto retirement 8.50% 42 2016 241,750
inflation after retirement = 0% (Don’t change!)* 0.00% 43 2017 0
Income tax slab 30% 44 2018 0
Has to be same as current slab for early retirment 45 2019 0
For early retirement you need to pay tax on your corpus! Why? 46 2020 0
Here I have taxed the entire corpus. This implies no equity 47 2021 0
investment. This is acceptable for extreme early retirement! 48 2022 0
Years in retirement (forever!!) (Don't change!)* 1000 49 2023 0
Rate of interest before you retire 9.00% 50 2024 0
Monthly tax rate post-retirement assuming current annual 51 2025 0
expenses= taxable income under present tax-slab 6% 52 2026 0
53 2027 0
Post-retirement pre-tax monthly expenses 59,810 54 2028 0
Post-retirement post-tax monthly expenses 56,387 55 2029 0
Effective post-tax interest rate (don’t overestimate) 7.00% 56 2030 0
Corpus required before tax deduction 15,672,546 57 2031 0
Corpus required after tax deduction 10,970,783 58 2032 0
Amount invested so far (end of current year) 100000 59 2033 0
rate of interest for this amount 8.00% 60 2034 0
When you retire this amt will grow to 146933 61 2035 0
Net corpus to be saved 15,525,614 62 2036 0
Annual increase in monthly investment 10.00% 63 2037 0
Initial monthly investment required 165,119 64 2038 0
Current Gross pre-tax Monthly Salary 100,000 65 2039 0
Annual increase of monthly salary 13% 66 2040 0
67 2041 0
68 2042 0
Change calculated monthly investment? No 69 2043 0
Monthly amount you can invest 35,000 70 2044 0
Corpus you will accumulate 0 71 2045 0
(assuming same investment schedule) 72 2046 0
What % of post-retirement expenses will the monthly 73 2047 0
annuity account for 100% 74 2048 0
If the above entry is red then you cannot be financially independent 75 2049 0
during retirement. The lower the value the lesser your independence 76 2050 0
If the above entry is blue the monthly annuity will match your 77 2051 0
post-retirement expenses provided inflation is ignored! 78 2052 0
* Once you are comfortable with calculator you could introduce 79 2053 0
post-retirment inflation and reduce the years in retirement 80 2054 0
Notice the changes in the cash flow chart when you do this! 81 2055 0
82 2056 0
83 2057 0
 84 2058 0
85 2059 0
86 2060 0
87 2061 0
88 2062 0
89 2063 0
90 2064 0
91 2065 0
92 2066 0
93 2067 0
94 2068 0
95 2069 0
96 2070 0
97 2071 0
98 2072 0
99 2073 0
100 2074 0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
 Present Pre-tax Post-tax Growth of Growth of Total Corpus corpus avail.
Monthly Gross-salary Monthly Monthly future amt. inv. accumulated for annuity
Expenses monthly Annuity Annuity mon. inv. so far (year-end) (year-start)
37,500 100,000 0 0 100,000 100,000
40,688 113,000 0 0 2,159,753 108,000 2,267,753 0
44,146 127,690 0 0 4,729,860 116,640 4,846,500 0
47,898 144,290 0 0 7,768,849 125,971 7,894,820 0
51,970 163,047 0 0 11,342,678 136,049 11,478,726 0
56,387 184,244 0 0 15,525,614 146,933 10,970,783 0
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
56,387 0 59,810 56,387 0 0 10,970,783 10,253,068
0 0
This can go on forever. So let us stop with a age of 100 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
 0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
 1 0
2 1
Instructions
1. Fill only cells in green
2. The worksheet is not protected so make a copy before proceeding
3. The sheet calculates annual annuity payable at the beginning of the year
4. investment for retirement is assumed to be made at the beginning of the month
5. The sheet assumes the investment for retirement will begin in Jan of the next year.
If you are already investing on a monthly basis you could expect a bigger corpus.
You could include this nformation suitably in the 'amt. inv. So far' cell

Comments, criticism, specific ways to improve the calculations and your thoughts on
goal plannning are welcome. M. Pattabiraman pattu@iitm.ac.in
Yes
No

No of years you expect to work

years before retirement when equity investing stops 0
Post-ret. additional expenses (%)
Current income tax slab (not used in calc) 0%

5
Percantage loss from equity markets 0%
Debt RoI in equity-free safe zone
years before retirement 0