Scribd Logo
Upload

Welcome to Scribd!

  • Retirement Planning

    Uploaded by

    Saurav
    9 views2 pages
    A person is currently 30 years old and plans to retire at age 60. They expect to live until age 85 and need 30000 rupees per month in current expenses. With an inflation rate of 6% and expected investment returns of 8% annually, the monthly savings needed is 180,677.26 rupees currently to cover expenses from age 30 until age 85.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    A person is currently 30 years old and plans to retire at age 60. They expect to live until age 85 and need 30000 rupees per month in current expenses. With an inflation rate of 6% and expected investment returns of 8% annually, the monthly savings needed is 180,677.26 rupees currently to cover expenses from age 30 until age 85.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views2 pages

    Retirement Planning

    Uploaded by

    Saurav
    A person is currently 30 years old and plans to retire at age 60. They expect to live until age 85 and need 30000 rupees per month in current expenses. With an inflation rate of 6% and expected investment returns of 8% annually, the monthly savings needed is 180,677.26 rupees currently to cover expenses from age 30 until age 85.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    expenses 30000

    age 30
    retirement 60
    life exp 85
    inflation 6%
    returns 8%
    real rate 1.887%
    monthly 0.1572%

    current age 30
    years to retirement 30
    post retirement 25
    future monthly expense ₹ 180,677.26
    ₹ 43,254,457.64
    35 40 45 50 55
    25 20 15 10 5
    25 25 25 25 25
    ₹ 133,949.09 ₹ 99,306.13 ₹ 73,622.81 ₹ 54,581.90 ₹ 40,465.50

    You might also like