How this is worked out
- Today's monthly spending rises with inflation until you retire, and keeps rising every year after.
- Corpus needed: enough that, earning the post-retirement return and paying each year's spending at its start, it lasts until the age you plan for.
- What you're on track for: your savings today plus your monthly investment (rising each year), growing at the pre-retirement return.
- After retiring, each year's spending is taken out and the rest keeps earning. If it hits zero before the age you plan for, that's when the money runs out.
Questions people ask
Is EPF enough for retirement?
Rarely on its own. EPF gets 12% of basic from you and part of your employer's 12% (the rest goes to the EPS pension), and basic is often well under half of total pay. Most people need extra: PPF, NPS and equity mutual funds.
What's a good rule of thumb?
A corpus of about 25–30 times your yearly spending at retirement, kept in a sensible mix of safe and growth investments. This calculator works it out for your own numbers.
Should I include rent or EMIs in retirement spending?
Include rent if you'll still be renting. Leave out EMIs that will be paid off before you retire, and children's education costs.
What about medical costs?
Healthcare costs rise faster than other prices. Keep a separate health insurance policy that continues after retirement, and treat any spare corpus as a medical cushion.
Is my data saved anywhere?
No. Everything is worked out in your browser. Your numbers stay on your own device, and the page link holds them so you can share them.