THIS IS A VIEW-ONLY EXCEL SHEET.

DOWNLOAD THIS SHEET (FILE -> DOWNLOAD AS XLSX) AND THEN USE IT ON YOUR OWN

This workbook will help you estimate how much you need to save and invest, so that you can "retire" by a certain age.
Retirement here means that the returns generated every year on your investment amount, is enough to pay for your needs and wants.

Step 1
1. Enter your current age and when you wish to retire
2. Enter the amount you can invest, starting today (in lumpsum, if any and then monthly investments)
3. Estimate what is likely to be your monthly expenses, once you retire
4. State all the major spends (beyond monthly expenses) that you will need, and when

Step 2
All of this will give you the investment corpus you will have, at the end of the retirement age

Step 3
By changing cell B23, you will be able to estimate how long will this investment corpus last
This takes into account your monthly expenses (growing with inflation), your scheduled expenses and also your yearly increase in monthly expenses

IMP: Tax Implications are not considered in this, because it is hard to predict what the taxes will be in the future.
Today, there is 10% tax on long-term-capital gains, which means any equities held for more than a year.
Even if you assume taxes, the numbers will not be dramatically different.
nthly expenses
Current Age 38
Retirement Age 50

Lumpsum Investment today 500,000 incase you have some lumpsum amount to invest today, else
Monthly SIP Today 20,000 what is the monthly investment you are going to make, until your re
Increase every year by? 15% How much are you going to increase this monthly amount by, every

Annual Return generated 15% This is assumed, if you invest for 10+ years and invest it in equities
Inflation 6%
Monthly Expenses at retirement age 120,000 towards needs and wants
Expected increase post retirement 3% yearly (do not account for inflation - that is already assumed)

Amounts needed post retirement When (age?) How much (in today terms)? Inflation adj amount
Kid's Education 45 5,000,000 7,518,151
House 55 5,000,000 13,463,864
Item 1
Item 2
Item 3

Amount at retirement age 17,796,763 12,065,269

(in the bank) (inflation adj)

This corpus (B20), if it grows by 19% every year

It will last until the age of 75 years, adjusted for ALL your needs, wants and inflation!
 20000 38
23000 39
nt to invest today, else enter 0 26450 40
ing to make, until your retirement age? 30417.5 41
onthly amount by, every year? 34980.1 42
40227.1 43
and invest it in equities 46261.2 44
53200.4 45
61180.5 46
already assumed) 70357.5 47
80911.2 48
93047.8 49
107005 50

and inflation!
Post Retirement

Age Monthly Expenses Starting Corpus Returns Generated Expenses Additional Withdrawal Corpus left
50 120,000 17,796,763 3,381,385 1,440,000 - 19,738,148
51 131,016 19,738,148 3,750,248 1,572,192 - 21,916,204
52 143,043 21,916,204 4,164,079 1,716,519 - 24,363,763
53 156,175 24,363,763 4,629,115 1,874,096 - 27,118,782
54 170,511 27,118,782 5,152,569 2,046,138 - 30,225,213
55 186,164 30,225,213 5,742,791 2,233,973 13,463,864 20,270,167
56 203,254 20,270,167 3,851,332 2,439,052 - 21,682,447
57 221,913 21,682,447 4,119,665 2,662,957 - 23,139,155
58 242,285 23,139,155 4,396,439 2,907,416 - 24,628,178
59 264,526 24,628,178 4,679,354 3,174,317 - 26,133,215
60 288,810 26,133,215 4,965,311 3,465,719 - 27,632,806
61 315,323 27,632,806 5,250,233 3,783,872 - 29,099,167
62 344,269 29,099,167 5,528,842 4,131,232 - 30,496,777
63 375,873 30,496,777 5,794,388 4,510,479 - 31,780,685
64 410,378 31,780,685 6,038,330 4,924,541 - 32,894,474
65 448,051 32,894,474 6,249,950 5,376,614 - 33,767,811
66 489,182 33,767,811 6,415,884 5,870,187 - 34,313,508
67 534,089 34,313,508 6,519,567 6,409,070 - 34,424,004
68 583,119 34,424,004 6,540,561 6,997,423 - 33,967,142
69 636,649 33,967,142 6,453,757 7,639,786 - 32,781,113
70 695,093 32,781,113 6,228,412 8,341,119 - 30,668,406
71 758,903 30,668,406 5,826,997 9,106,833 - 27,388,570
72 828,570 27,388,570 5,203,828 9,942,840 - 22,649,558
73 904,633 22,649,558 4,303,416 10,855,593 - 16,097,381
74 987,678 16,097,381 3,058,502 11,852,137 - 7,303,747
75 1,078,347 7,303,747 1,387,712 12,940,163 - -4,248,704
76 1,177,339 -4,248,704 -807,254 14,128,070 - -19,184,028
77 1,285,419 -19,184,028 -3,644,965 15,425,027 - -38,254,020
78 1,403,420 -38,254,020 -7,268,264 16,841,044 - -62,363,327
79 1,532,254 -62,363,327 -11,849,032 18,387,052 - -92,599,411
 80 1,672,915 -92,599,411 -17,593,888 20,074,983 - -130,268,283
81 1,826,489 -130,268,283 -24,750,974 21,917,867 - -176,937,123
82 1,994,161 -176,937,123 -33,618,053 23,929,927 - -234,485,103
83 2,177,225 -234,485,103 -44,552,170 26,126,694 - -305,163,967
84 2,377,094 -305,163,967 -57,981,154 28,525,125 - -391,670,246
85 2,595,311 -391,670,246 -74,417,347 31,143,731 - -497,231,324
86 2,833,560 -497,231,324 -94,473,951 34,002,726 - -625,708,001
87 3,093,681 -625,708,001 -118,884,520 37,124,176 - -781,716,697
88 3,377,681 -781,716,697 -148,526,172 40,532,175 - -970,775,044
89 3,687,752 -970,775,044 -184,447,258 44,253,029 - -1,199,475,331
90 4,026,288 -1,199,475,331 -227,900,313 48,315,457 - -1,475,691,101
91 4,395,901 -1,475,691,101 -280,381,309 52,750,816 - -1,808,823,226
92 4,799,445 -1,808,823,226 -343,676,413 57,593,341 - -2,210,092,980
93 5,240,034 -2,210,092,980 -419,917,666 62,880,409 - -2,692,891,056
94 5,721,069 -2,692,891,056 -511,649,301 68,652,831 - -3,273,193,187
95 6,246,263 -3,273,193,187 -621,906,706 74,955,161 - -3,970,055,054
96 6,819,670 -3,970,055,054 -754,310,460 81,836,045 - -4,806,201,559
97 7,445,716 -4,806,201,559 -913,178,296 89,348,594 - -5,808,728,448
98 8,129,233 -5,808,728,448 -1,103,658,405 97,550,794 - -7,009,937,648
99 8,875,496 -7,009,937,648 -1,331,888,153 106,505,957 - -8,448,331,759
100 9,690,267 -8,448,331,759 -1,605,183,034 116,283,204 - -10,169,797,997
100 10,579,834 ### -1,932,261,619 126,958,002 - -12,229,017,619
100 11,551,062 ### -2,323,513,348 138,612,747 - -14,691,143,713
100 12,611,450 ### -2,791,317,306 151,337,397 - -17,633,798,416
100 13,769,181 ### -3,350,421,699 165,230,170 - -21,149,450,285
100 15,033,192 ### -4,018,395,554 180,398,300 - -25,348,244,140
100 16,413,239 ### -4,816,166,387 196,958,864 - -30,361,369,390
100 17,919,974 ### -5,768,660,184 215,039,688 - -36,345,069,262
100 19,565,028 ### -6,905,563,160 234,780,331 - -43,485,412,752
100 21,361,097 ### -8,262,228,423 256,333,165 - -52,003,974,341
100 23,322,046 ### -9,880,755,125 279,864,550 - -62,164,594,015
100 25,463,010 ### -11,811,272,863 305,556,116 - -74,281,422,993
100 27,800,514 ### -14,113,470,369 333,606,167 - -88,728,499,529
100 30,352,601 ### -16,858,414,911 364,231,213 - -105,951,145,653
100 33,138,970 ### -20,130,717,674 397,667,638 - -126,479,530,965
100 36,181,127 ### -24,031,110,883 434,173,528 - -150,944,815,376
100 39,502,555 ### -28,679,514,921 474,030,657 - -180,098,360,955
100 43,128,889 ### -34,218,688,581 517,546,672 - -214,834,596,208
100 47,088,121 ### -40,818,573,280 565,057,456 - -256,218,226,944
100 51,410,811 ### -48,681,463,119 616,929,731 - -305,516,619,794
100 56,130,323 ### -58,048,157,761 673,563,880 - -364,238,341,435
100 61,283,087 ### -69,205,284,873 735,397,044 - -434,179,023,352
100 66,908,874 ### -82,494,014,437 802,906,493 - -517,475,944,281