Retirement-planning & College Planning

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RETIREMENT PLANNING CORPUS P

Item
a. Current Age
b. Retirement age
c. No. of years left for retirement (b-a)

d. Life expectancy
e. Years after retirement (d-b)

Current annual expense


Expected growth in expense
Annual expense at retirement age
Expenses required after retirement
Required annual expenses at retirement

Rate of return on retirement corpus


Inflation rate
Inflation adjusted rate of return

Retirement Corpus
Monthly savings required to reach corpus
Annual savings required to reach corpus
RETIREMENT PLANNING CORPUS PLANNER
Value
32
55
23

80
25

600,000
8%
3,522,878
75%
2,642,159

10.00%
6.00%
4.00%

42,927,054.05
40,286
539,671
NING CORPUS PLANNER
Comments
Enter Your Current Age
Enter expected Retirement Age
Pre Calculated - Do not enter

Expected Age of earner till mortality


Time that corpus is required post retirement

Current expense on living per annum


Lifestyle and Basic Inflation Average
Annual Amount Required at Retirement post inflation
% Expenses from current required for basic lifestyle necessities
Future value of expenses required after adjusting for Row 13

The Retirement Corpus Put Aside - Rate of Return expected from now till retirement
Inflation in expenses of basic needs expected
Net Real Return Post Inflation

The Amount Required on Day of Retirement


SIP Amount Monthly Required to Reach Retirement Corpus
SIP Amount Annual Required to Reach Retirement Corpus
Average College Fees (4 year program) 4,000,000
Inflation rate 10%
Current age of kid 5
Year of joining college 18
Years left to join college 13
College fees at the time of joining ₹ 13,809,084.86

Expected Rate of return from investments 12%


Yearly saving required ₹ 439,883.41
Monthly savings ₹ 36,656.95 12

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