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
thly expenses
Current Age 20
Retirement Age 20

Lumpsum Investment today 100,000 incase you have some lumpsum amount to invest today
Monthly SIP Today 15,000 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 200,000 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 45 2,500,000 10,729,677
House 50 4,000,000 22,973,965
Item 1
Item 2
Item 3

Amount at retirement age (in the bank) 100,000

Amount at retirement (inflation adj) 100,000

This corpus (B21), if it grows by 21% 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
20 200,000 100,000 21,000 2,400,000 - -2,279,000
21 201,000 -2,279,000 -478,590 2,412,000 - -5,169,590
22 202,005 -5,169,590 -1,085,614 2,424,060 - -8,679,264
23 203,015 -8,679,264 -1,822,645 2,436,180 - -12,938,090
24 204,030 -12,938,090 -2,716,999 2,448,361 - -18,103,450
25 205,050 -18,103,450 -3,801,724 2,460,603 - -24,365,777
26 206,076 -24,365,777 -5,116,813 2,472,906 - -31,955,496
27 207,106 -31,955,496 -6,710,654 2,485,271 - -41,151,421
28 208,141 -41,151,421 -8,641,798 2,497,697 - -52,290,916
29 209,182 -52,290,916 -10,981,092 2,510,185 - -65,782,194
30 210,228 -65,782,194 -13,814,261 2,522,736 - -82,119,191
31 211,279 -82,119,191 -17,245,030 2,535,350 - -101,899,571
32 212,336 -101,899,571 -21,398,910 2,548,027 - -125,846,508
33 218,706 -125,846,508 -26,427,767 2,624,468 - -154,898,743
34 219,799 -154,898,743 -32,528,736 2,637,590 - -190,065,068
35 220,898 -190,065,068 -39,913,664 2,650,778 - -232,629,511
36 222,003 -232,629,511 -48,852,197 2,664,032 - -284,145,739
37 223,113 -284,145,739 -59,670,605 2,677,352 - -346,493,697
38 224,228 -346,493,697 -72,763,676 2,690,739 - -421,948,112
39 225,349 -421,948,112 -88,609,103 2,704,192 - -513,261,407
40 226,476 -513,261,407 -107,784,896 2,717,713 - -623,764,016
41 227,608 -623,764,016 -130,990,443 2,731,302 - -757,485,761
42 228,747 -757,485,761 -159,072,010 2,744,958 - -919,302,730
43 229,890 -919,302,730 -193,053,573 2,758,683 - -1,115,114,986
44 231,040 -1,115,114,986 -234,174,147 2,772,477 - -1,352,061,610
45 237,971 -1,352,061,610 -283,932,938 2,855,651 10,729,677 -1,649,579,876
46 239,161 -1,649,579,876 -346,411,774 2,869,929 - -1,998,861,579
47 240,357 -1,998,861,579 -419,760,932 2,884,279 - -2,421,506,789
48 241,558 -2,421,506,789 -508,516,426 2,898,700 - -2,932,921,915
49 242,766 -2,932,921,915 -615,913,602 2,913,194 - -3,551,748,710
50 243,980 -3,551,748,710 -745,867,229 2,927,760 22,973,965 -4,323,517,664
51 245,200 -4,323,517,664 -907,938,710 2,942,398 - -5,234,398,772
52 246,426 -5,234,398,772 -1,099,223,742 2,957,110 - -6,336,579,624
53 247,658 -6,336,579,624 -1,330,681,721 2,971,896 - -7,670,233,241
54 248,896 -7,670,233,241 -1,610,748,981 2,986,755 - -9,283,968,978
55 250,141 -9,283,968,978 -1,949,633,485 3,001,689 - -11,236,604,152
56 251,391 ### -2,359,686,872 3,016,698 - -13,599,307,722
57 258,933 ### -2,855,854,622 3,107,199 - -16,458,269,542
58 260,228 ### -3,456,236,604 3,122,735 - -19,917,628,881
59 261,529 ### -4,182,702,065 3,138,348 - -24,103,469,294
60 262,837 ### -5,061,728,552 3,154,040 - -29,168,351,886
61 264,151 ### -6,125,353,896 3,169,810 - -35,296,875,593
62 265,472 ### -7,412,343,874 3,185,659 - -42,712,405,126
63 266,799 ### -8,969,605,076 3,201,588 - -51,685,211,789
64 268,133 ### -10,853,894,476 3,217,596 - -62,542,323,861
65 269,474 ### -13,133,888,011 3,233,683 - -75,679,445,555
66 270,821 ### -15,892,683,567 3,249,852 - -91,575,378,974
67 272,175 ### -19,230,829,585 3,266,101 - -110,809,474,661
68 273,536 ### -23,269,989,679 3,282,432 - -134,082,746,771
69 281,742 ### -28,157,376,822 3,380,905 - -162,243,504,498
70 283,151 ### -34,071,135,944 3,397,809 - -196,318,038,251
71 284,567 ### -41,226,788,033 3,414,798 - -237,548,241,082
72 285,989 ### -49,885,130,627 3,431,872 - -287,436,803,581
73 287,419 ### -60,361,728,752 3,449,032 - -347,801,981,365
74 288,856 ### -73,038,416,086 3,466,277 - -420,843,863,728
75 290,301 ### -88,377,211,383 3,483,608 - -509,224,558,719
76 291,752 ### -106,937,157,331 3,501,026 - -616,165,217,076
77 293,211 ### -129,394,695,586 3,518,531 - -745,563,431,193
78 294,677 ### -156,568,320,550 3,536,124 - -902,135,287,867
79 296,150 ### -189,448,410,452 3,553,805 - -1,091,587,252,124
80 297,631 ### -229,233,322,945 3,571,574 - -1,320,824,146,642
81 306,560 ### -277,373,070,794 3,678,721 - -1,598,200,896,157
82 308,093 ### -335,622,188,193 3,697,114 - -1,933,826,781,464
83 309,633 ### -406,103,624,107 3,715,600 - -2,339,934,121,171
84 311,181 ### -491,386,165,445 3,734,178 - -2,831,324,020,794
85 312,737 ### -594,578,044,366 3,752,849 - -3,425,905,818,009
86 314,301 ### -719,440,221,782 3,771,613 - -4,145,349,811,404
87 315,873 ### -870,523,460,394 3,790,471 - -5,015,877,062,269
88 317,452 ### -1,053,334,183,076 3,809,423 - -6,069,215,054,769
89 319,039 ### -1,274,535,161,501 3,828,471 - -7,343,754,044,740
90 320,634 ### -1,542,188,349,395 3,847,613 - -8,885,946,241,748
91 322,238 ### -1,866,048,710,767 3,866,851 - ###
92 323,849 ### -2,257,919,752,067 3,886,185 - ###
Month Amount Return Total AmoInflation adjusted Total Amount Lumpsum Inflation adjusted
1 15,000 0 0 0 0 100000 100000
2 15,000 0 0
3 15,000 0 0
4 15,000 0 0
5 15,000 0 0
6 15,000 0 0
7 15,000 0 0
8 15,000 0 0
9 15,000 0 0
10 15,000 0 0
11 15,000 0 0
12 15,000 0 0
13 17,250 0 0
14 17,250 0 0
15 17,250 0 0
16 17,250 0 0
17 17,250 0 0
18 17,250 0 0
19 17,250 0 0
20 17,250 0 0
21 17,250 0 0
22 17,250 0 0
23 17,250 0 0
24 17,250 0 0
25 19,838 0 0
26 19,838 0 0
27 19,838 0 0
28 19,838 0 0
29 19,838 0 0
30 19,838 0 0
31 19,838 0 0
32 19,838 0 0
33 19,838 0 0
34 19,838 0 0
35 19,838 0 0
36 19,838 0 0
37 22,813 0 0
38 22,813 0 0
39 22,813 0 0
40 22,813 0 0
41 22,813 0 0
42 22,813 0 0
43 22,813 0 0
44 22,813 0 0
45 22,813 0 0
46 22,813 0 0
47 22,813 0 0
48 22,813 0 0
49 26,235 0 0
50 26,235 0 0
51 26,235 0 0
52 26,235 0 0
53 26,235 0 0
54 26,235 0 0
55 26,235 0 0
56 26,235 0 0
57 26,235 0 0
58 26,235 0 0
59 26,235 0 0
60 26,235 0 0
61 30,170 0 0
62 30,170 0 0
63 30,170 0 0
64 30,170 0 0
65 30,170 0 0
66 30,170 0 0
67 30,170 0 0
68 30,170 0 0
69 30,170 0 0
70 30,170 0 0
71 30,170 0 0
72 30,170 0 0
73 34,696 0 0
74 34,696 0 0
75 34,696 0 0
76 34,696 0 0
77 34,696 0 0
78 34,696 0 0
79 34,696 0 0
80 34,696 0 0
81 34,696 0 0
82 34,696 0 0
83 34,696 0 0
84 34,696 0 0
85 39,900 0 0
86 39,900 0 0
87 39,900 0 0
88 39,900 0 0
89 39,900 0 0
90 39,900 0 0
91 39,900 0 0
92 39,900 0 0
93 39,900 0 0
94 39,900 0 0
95 39,900 0 0
 96 39,900 0 0
97 45,885 0 0
98 45,885 0 0
99 45,885 0 0
100 45,885 0 0
101 45,885 0 0
102 45,885 0 0
103 45,885 0 0
104 45,885 0 0
105 45,885 0 0
106 45,885 0 0
107 45,885 0 0
108 45,885 0 0
109 52,768 0 0
110 52,768 0 0
111 52,768 0 0
112 52,768 0 0
113 52,768 0 0
114 52,768 0 0
115 52,768 0 0
116 52,768 0 0
117 52,768 0 0
118 52,768 0 0
119 52,768 0 0
120 52,768 0 0
121 60,683 0 0
122 60,683 0 0
123 60,683 0 0
124 60,683 0 0
125 60,683 0 0
126 60,683 0 0
127 60,683 0 0
128 60,683 0 0
129 60,683 0 0
130 60,683 0 0
131 60,683 0 0
132 60,683 0 0
133 69,786 0 0
134 69,786 0 0
135 69,786 0 0
136 69,786 0 0
137 69,786 0 0
138 69,786 0 0
139 69,786 0 0
140 69,786 0 0
141 69,786 0 0
142 69,786 0 0
143 69,786 0 0
144 69,786 0 0
145 80,254 0 0
146 80,254 0 0
147 80,254 0 0
148 80,254 0 0
149 80,254 0 0
150 80,254 0 0
151 80,254 0 0
152 80,254 0 0
153 80,254 0 0
154 80,254 0 0
155 80,254 0 0
156 80,254 0 0
157 92,292 0 0
158 92,292 0 0
159 92,292 0 0
160 92,292 0 0
161 92,292 0 0
162 92,292 0 0
163 92,292 0 0
164 92,292 0 0
165 92,292 0 0
166 92,292 0 0
167 92,292 0 0
168 92,292 0 0
169 106,136 0 0
170 106,136 0 0
171 106,136 0 0
172 106,136 0 0
173 106,136 0 0
174 106,136 0 0
175 106,136 0 0
176 106,136 0 0
177 106,136 0 0
178 106,136 0 0
179 106,136 0 0
180 106,136 0 0
181 122,056 0 0
182 122,056 0 0
183 122,056 0 0
184 122,056 0 0
185 122,056 0 0
186 122,056 0 0
187 122,056 0 0
188 122,056 0 0
189 122,056 0 0
190 122,056 0 0
191 122,056 0 0
192 122,056 0 0
193 140,364 0 0
194 140,364 0 0
195 140,364 0 0
196 140,364 0 0
197 140,364 0 0
198 140,364 0 0
199 140,364 0 0
200 140,364 0 0
201 140,364 0 0
202 140,364 0 0
203 140,364 0 0
204 140,364 0 0
205 161,419 0 0
206 161,419 0 0
207 161,419 0 0
208 161,419 0 0
209 161,419 0 0
210 161,419 0 0
211 161,419 0 0
212 161,419 0 0
213 161,419 0 0
214 161,419 0 0
215 161,419 0 0
216 161,419 0 0
217 185,632 0 0
218 185,632 0 0
219 185,632 0 0
220 185,632 0 0
221 185,632 0 0
222 185,632 0 0
223 185,632 0 0
224 185,632 0 0
225 185,632 0 0
226 185,632 0 0
227 185,632 0 0
228 185,632 0 0
229 213,477 0 0
230 213,477 0 0
231 213,477 0 0
232 213,477 0 0
233 213,477 0 0
234 213,477 0 0
235 213,477 0 0
236 213,477 0 0
237 213,477 0 0
238 213,477 0 0
239 213,477 0 0
240 213,477 0 0
241 245,498 0 0
242 245,498 0 0
243 245,498 0 0
244 245,498 0 0
245 245,498 0 0
246 245,498 0 0
247 245,498 0 0
248 245,498 0 0
249 245,498 0 0
250 245,498 0 0
251 245,498 0 0
252 245,498 0 0
253 282,323 0 0
254 282,323 0 0
255 282,323 0 0
256 282,323 0 0
257 282,323 0 0
258 282,323 0 0
259 282,323 0 0
260 282,323 0 0
261 282,323 0 0
262 282,323 0 0
263 282,323 0 0
264 282,323 0 0
265 324,671 0 0
266 324,671 0 0
267 324,671 0 0
268 324,671 0 0
269 324,671 0 0
270 324,671 0 0
271 324,671 0 0
272 324,671 0 0
273 324,671 0 0
274 324,671 0 0
275 324,671 0 0
276 324,671 0 0
277 373,372 0 0
278 373,372 0 0
279 373,372 0 0
280 373,372 0 0
281 373,372 0 0
282 373,372 0 0
283 373,372 0 0
284 373,372 0 0
285 373,372 0 0
286 373,372 0 0
287 373,372 0 0
288 373,372 0 0
289 429,378 0 0
290 429,378 0 0
291 429,378 0 0
292 429,378 0 0
293 429,378 0 0
294 429,378 0 0
295 429,378 0 0
296 429,378 0 0
297 429,378 0 0
298 429,378 0 0
299 429,378 0 0
300 429,378 0 0
301 493,784 0 0
302 493,784 0 0
303 493,784 0 0
304 493,784 0 0
305 493,784 0 0
306 493,784 0 0
307 493,784 0 0
308 493,784 0 0
309 493,784 0 0
310 493,784 0 0
311 493,784 0 0
312 493,784 0 0
313 567,852 0 0
314 567,852 0 0
315 567,852 0 0
316 567,852 0 0
317 567,852 0 0
318 567,852 0 0
319 567,852 0 0
320 567,852 0 0
321 567,852 0 0
322 567,852 0 0
323 567,852 0 0
324 567,852 0 0
325 653,030 0 0
326 653,030 0 0
327 653,030 0 0
328 653,030 0 0
329 653,030 0 0
330 653,030 0 0
331 653,030 0 0
332 653,030 0 0
333 653,030 0 0
334 653,030 0 0
335 653,030 0 0
336 653,030 0 0
337 750,984 0 0
338 750,984 0 0
339 750,984 0 0
340 750,984 0 0
341 750,984 0 0
342 750,984 0 0
343 750,984 0 0
344 750,984 0 0
345 750,984 0 0
346 750,984 0 0
347 750,984 0 0
348 750,984 0 0
349 863,632 0 0
350 863,632 0 0
351 863,632 0 0
352 863,632 0 0
353 863,632 0 0
354 863,632 0 0
355 863,632 0 0
356 863,632 0 0
357 863,632 0 0
358 863,632 0 0
359 863,632 0 0
360 863,632 0 0
361 993,177 0 0
362 993,177 0 0
363 993,177 0 0
364 993,177 0 0
365 993,177 0 0
366 993,177 0 0
367 993,177 0 0
368 993,177 0 0
369 993,177 0 0
370 993,177 0 0
371 993,177 0 0
372 993,177 0 0
373 1,142,153 0 0
374 1,142,153 0 0
375 1,142,153 0 0
376 1,142,153 0 0
377 1,142,153 0 0
378 1,142,153 0 0
379 1,142,153 0 0
380 1,142,153 0 0
381 1,142,153 0 0
382 1,142,153 0 0
383 1,142,153 0 0
384 1,142,153 0 0
385 1,313,476 0 0
386 1,313,476 0 0
387 1,313,476 0 0
388 1,313,476 0 0
389 1,313,476 0 0
390 1,313,476 0 0
391 1,313,476 0 0
392 1,313,476 0 0
393 1,313,476 0 0
394 1,313,476 0 0
395 1,313,476 0 0
396 1,313,476 0 0
397 1,510,497 0 0
398 1,510,497 0 0
399 1,510,497 0 0
400 1,510,497 0 0
401 1,510,497 0 0
402 1,510,497 0 0
403 1,510,497 0 0
404 1,510,497 0 0
405 1,510,497 0 0
406 1,510,497 0 0
407 1,510,497 0 0
408 1,510,497 0 0
409 1,737,072 0 0
410 1,737,072 0 0
411 1,737,072 0 0
412 1,737,072 0 0
413 1,737,072 0 0
414 1,737,072 0 0
415 1,737,072 0 0
416 1,737,072 0 0
417 1,737,072 0 0
418 1,737,072 0 0
419 1,737,072 0 0
420 1,737,072 0 0
421 1,997,633 0 0
422 1,997,633 0 0
423 1,997,633 0 0
424 1,997,633 0 0
425 1,997,633 0 0
426 1,997,633 0 0
427 1,997,633 0 0
428 1,997,633 0 0
429 1,997,633 0 0
430 1,997,633 0 0
431 1,997,633 0 0
432 1,997,633 0 0
433 2,297,278 0 0
434 2,297,278 0 0
435 2,297,278 0 0
436 2,297,278 0 0
437 2,297,278 0 0
438 2,297,278 0 0
439 2,297,278 0 0
440 2,297,278 0 0
441 2,297,278 0 0
442 2,297,278 0 0
443 2,297,278 0 0
444 2,297,278 0 0
445 2,641,869 0 0
446 2,641,869 0 0
447 2,641,869 0 0
448 2,641,869 0 0
449 2,641,869 0 0
450 2,641,869 0 0
451 2,641,869 0 0
452 2,641,869 0 0
453 2,641,869 0 0
454 2,641,869 0 0
455 2,641,869 0 0
456 2,641,869 0 0
457 3,038,150 0 0
458 3,038,150 0 0
459 3,038,150 0 0
460 3,038,150 0 0
461 3,038,150 0 0
462 3,038,150 0 0
463 3,038,150 0 0
464 3,038,150 0 0
465 3,038,150 0 0
466 3,038,150 0 0
467 3,038,150 0 0
468 3,038,150 0 0
469 3,493,872 0 0
470 3,493,872 0 0
471 3,493,872 0 0
472 3,493,872 0 0
473 3,493,872 0 0
474 3,493,872 0 0
475 3,493,872 0 0
476 3,493,872 0 0
477 3,493,872 0 0
478 3,493,872 0 0
479 3,493,872 0 0
480 3,493,872 0 0