Retirement Calculator

Retirement Calculator

A retirement calculator is a simple tool that helps you find the amount of money you will require after you retire.

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You need to save

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At retirement you would require

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With your current savings you should be able to save

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Frequently Asked Questions

A retirement calculator is a simple utility tool that gives you an idea of the corpus you need to accumulate with a regular monthly investment. The calculator helps you plan your investments to help you achieve the desired retirement corpus at the time of retirement.

The retirement fund calculator operates by inputting your age, retirement age, life expectancy, and monthly income. It then calculates the amount of savings needed to generate income during retirement. It is essential to use a retirement calculator that accounts for inflation and other variables to ensure accurate results.

FV = PV*(1+r)^n
FV = Future Value
PV = Present Value
R = Expected inflation
N = Time to retirement

A retirement calculator is helpful for several reasons, such as:

It gives a clear picture as how much you need to save every month to accumulate a large sum, which will help you as your professional career comes to an end.

The calculator also helps you determine investment opportunities as you know the amount you need to live a comfortable retired life.

Compare the different retirement options and plans offered by competent financial organisations. Today, even listed entities have their own retirement planning sections.

The calculator also helps you save for your post retirement high value spending If anything planned specifically.