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.
thly expenses
Current Age 25
Retirement Age 40

Lumpsum Investment today 100,000 incase you have some lumpsum amount to invest today
Monthly SIP Today 10,000 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 60,000 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 40 1,500,000 3,594,837
House 45 2,000,000 6,414,271
Item 1
Item 2
Item 3

Amount at retirement age (in the bank) 15,393,895

Amount at retirement (inflation adj) 9,880,630

This corpus (B21), if it grows by 20% every year

It will last until the age of 100 years, adjusted for ALL your needs, wants and inflation!
 invest today
ing to make, until your retirement age?
onthly amount by, every year?

and invest it in equities

already assumed)

and inflation!
Post Retirement

Age Monthly Expenses Starting Corpus Returns Generated Expenses Additional Withdrawal Corpus left
40 60,000 9,880,630 1,976,126 720,000 3,594,837 7,541,919
41 60,300 7,541,919 1,508,384 723,600 - 8,326,702
42 60,602 8,326,702 1,665,340 727,218 - 9,264,825
43 60,905 9,264,825 1,852,965 730,854 - 10,386,936
44 61,209 10,386,936 2,077,387 734,508 - 11,729,814
45 61,515 11,729,814 2,345,963 738,181 6,414,271 6,923,325
46 61,823 6,923,325 1,384,665 741,872 - 7,566,119
47 62,132 7,566,119 1,513,224 745,581 - 8,333,761
48 62,442 8,333,761 1,666,752 749,309 - 9,251,204
49 62,755 9,251,204 1,850,241 753,056 - 10,348,389
50 63,068 10,348,389 2,069,678 756,821 - 11,661,246
51 63,384 11,661,246 2,332,249 760,605 - 13,232,891
52 63,701 13,232,891 2,646,578 764,408 - 15,115,061
53 65,612 15,115,061 3,023,012 787,340 - 17,350,733
54 65,940 17,350,733 3,470,147 791,277 - 20,029,602
55 66,269 20,029,602 4,005,920 795,233 - 23,240,289
56 66,601 23,240,289 4,648,058 799,210 - 27,089,138
57 66,934 27,089,138 5,417,828 803,206 - 31,703,760
58 67,268 31,703,760 6,340,752 807,222 - 37,237,290
59 67,605 37,237,290 7,447,458 811,258 - 43,873,490
60 67,943 43,873,490 8,774,698 815,314 - 51,832,875
61 68,283 51,832,875 10,366,575 819,391 - 61,380,059
62 68,624 61,380,059 12,276,012 823,488 - 72,832,583
63 68,967 72,832,583 14,566,517 827,605 - 86,571,495
64 69,312 86,571,495 17,314,299 831,743 - 103,054,051
65 71,391 103,054,051 20,610,810 856,695 - 122,808,166
66 71,748 122,808,166 24,561,633 860,979 - 146,508,820
67 72,107 146,508,820 29,301,764 865,284 - 174,945,301
68 72,468 174,945,301 34,989,060 869,610 - 209,064,751
 69 72,830 209,064,751 41,812,950 873,958 - 250,003,743
70 73,194 250,003,743 50,000,749 878,328 - 299,126,163
71 73,560 299,126,163 59,825,233 882,720 - 358,068,676
72 73,928 358,068,676 71,613,735 887,133 - 428,795,278
73 74,297 428,795,278 85,759,056 891,569 - 513,662,765
74 74,669 513,662,765 102,732,553 896,027 - 615,499,292
75 75,042 615,499,292 123,099,858 900,507 - 737,698,643
76 75,417 737,698,643 147,539,729 905,009 - 884,333,363
77 77,680 884,333,363 176,866,673 932,160 - 1,060,267,876
78 78,068 1,060,267,876 212,053,575 936,820 - 1,271,384,630
79 78,459 1,271,384,630 254,276,926 941,504 - 1,524,720,052
80 78,851 1,524,720,052 304,944,010 946,212 - 1,828,717,850
81 79,245 1,828,717,850 365,743,570 950,943 - 2,193,510,477
82 79,641 2,193,510,477 438,702,095 955,698 - 2,631,256,875
83 80,040 2,631,256,875 526,251,375 960,476 - 3,156,547,774
84 80,440 3,156,547,774 631,309,555 965,279 - 3,786,892,050
85 80,842 3,786,892,050 757,378,410 970,105 - 4,543,300,355
86 81,246 4,543,300,355 908,660,071 974,956 - 5,450,985,470
87 81,653 5,450,985,470 1,090,197,094 979,830 - 6,540,202,734
88 82,061 6,540,202,734 1,308,040,547 984,730 - 7,847,258,551
89 84,523 7,847,258,551 1,569,451,710 1,014,271 - 9,415,695,990
90 84,945 9,415,695,990 1,883,139,198 1,019,343 - 11,297,815,845
91 85,370 11,297,815,845 2,259,563,169 1,024,439 - 13,556,354,575
92 85,797 13,556,354,575 2,711,270,915 1,029,562 - 16,266,595,928
93 86,226 16,266,595,928 3,253,319,186 1,034,709 - 19,518,880,405
94 86,657 19,518,880,405 3,903,776,081 1,039,883 - 23,421,616,603
95 87,090 23,421,616,603 4,684,323,321 1,045,082 - 28,104,894,841
96 87,526 28,104,894,841 5,620,978,968 1,050,308 - 33,724,823,501
97 87,963 33,724,823,501 6,744,964,700 1,055,559 - 40,468,732,642
98 88,403 40,468,732,642 8,093,746,528 1,060,837 - 48,561,418,333
99 88,845 48,561,418,333 9,712,283,667 1,066,141 - 58,272,635,858
100 89,289 58,272,635,858 11,654,527,172 1,071,472 - 69,926,091,558
100 91,968 69,926,091,558 13,985,218,312 1,103,616 - 83,910,206,253
100 92,428 83,910,206,253 16,782,041,251 1,109,134 - 100,691,138,369
100 92,890 ### 20,138,227,674 1,114,680 - 120,828,251,363
100 93,354 ### 24,165,650,273 1,120,253 - 144,992,781,383
100 93,821 ### 28,998,556,277 1,125,855 - 173,990,211,804
100 94,290 ### 34,798,042,361 1,131,484 - 208,787,122,681
100 94,762 ### 41,757,424,536 1,137,141 - 250,543,410,076
100 95,236 ### 50,108,682,015 1,142,827 - 300,650,949,265
100 95,712 ### 60,130,189,853 1,148,541 - 360,779,990,576
100 96,190 ### 72,155,998,115 1,154,284 - 432,934,834,408
100 96,671 ### 86,586,966,882 1,160,055 - 519,520,641,234
100 97,155 ### 103,904,128,247 1,165,856 - 623,423,603,625