3-STEP EARLY RETIREMENT CALCULATOR

STEP 1- FILL IN YOUR ASSUMPTIONS:

Current Age 28
Age by which you want to finish saving for retirement 45
Retirement Age 60
Life Expectancy Age 90

Current Monthly Expenses ₹100,000

Expected Return pre-retirement 12%

Inflation pre-retirement 6%
STEP 2: THIS IS HOW MUCH YOU WILL NEEED AT RETIREMENT (at age 60)
Inflation adjusted monthly expense ₹645,339
Retirement Corpus needed ₹232,321,921
STEP 3: YOUR ACTION PLAN TO MEET YOUR RETIREMENT GOAL
Monthly SIP traget ₹63,547
No. of years to SIP 17
Principal Accumulated via SIP ₹42,444,346
No. of years Principal will compound 15
Retirement Corpus Reached ₹232,321,921
 TIREMENT CALCULATOR
YOUR ASSUMPTIONS:

Exclude expenses you won't incur in retirement like

EMI/rent, child-care etc

WILL NEEED AT RETIREMENT (at age 60)

N TO MEET YOUR RETIREMENT GOAL

<---Accumulation Phase
<---Accumulated Principal
<---Compounding phase
<---VOILA YOU REACHED YOUR RETIREMENT CORPUS GOAL
 References

References for formulas used in this Excel:

SIP amount needed for target corpus (formula) Source
Future Compounded Value = PV*(1+R)^N Source

Online Calculators to verify Excel Results:

Inflation-adjusted corpus needed calculator Source
Future Value calculator Source
One-time investment to reach target corpus calculator Source
SIP calculator Source
CAGR Returns % calculator Source

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