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RETIREMENT PLANNER

Retirement Planning - An Eye Opener


Your First Name (Please mention the name) A Present Age (Please mention your current age in years) B Expected Retirement Age (Age you intend to retire) E Present Monthly Household Expenses
(This includes food, clothing, EMI, HRA, Petrol, Eating out etc.)

(A) (B) (E)

Total Savings as on date


(Shares, loan free property, MF's Gold, FD's, Bank Accounts etc.)

(I) (K)

K Present Annual Savings (How much you save annually) 20 Notes: 1 Life expectancy taken as 75 years 2 Inflation assumed at 6% 3 Investment growth rate assumed at 10%

EXPLANATION 1) TOTAL CORPUS AT RETIREMENT

ITEM A 0.0

AMOUNT

2) BASED ON CURRENT SAVINGS PATTERN, YOUR TOTAL SAVINGS AT RETIREMENT

0.0

3) THEREFORE, GAP IS EQUAL TO

0.0

4) ADDITIONAL SAVINGS REQUIRED PER ANNUM

#DIV/0!

5) ON A MONTHLY BASIS, ADDITIONAL SAVINGS REQUIRED

#DIV/0!

AMOUNT (Rs. Crores)

(Rs. Crores)

(Rs. Crores)

(Rs.)

(Rs.)

RETIREMENT PLANNER
Retirement Planning - An Eye Opener
Your First Name (Please mention the name) A Present Age (Please mention your current age in years) B Expected Retirement Age (Age you intend to retire) C Years to Retire (Number of working years left) D Expected Life Expectancy (Age till which you expect to be alive) E Present Monthly Household Expenses
(This includes food, clothing, EMI, HRA, Petrol, Eating out etc.)

0
(A) (B) (C = B-A) (D) (E) (F = E*12) (G) (H)

0 0

0 77
0

F Annual Household Expense G Expected Inflation


(Average Annual inflation expected by you during your lifetime)

0
6% 10% 0 5% 6% 7% 8% 6% 8% 10% 15%

H Expected Return on Investments (6%, 8% & 10%)


(Expected rate of return on the present investments earmarked for retirement benefit)

Total Savings as on date


(Shares, loan free property, MF's Gold, FD's etc.)

(I)

J Value of Total Savings at the end of Retirement (J = I * Inflation Factor for C and H) K Present Annual Savings (How much you save annually) L Value of Annual Savings at the end of (L = K * Recurring Factor for C & H) M Cumulated Savings at the end of retirement

0 Years

(J) (K)

0
0

0 Years

(L) (M = J+L) (N) (O= N-M)

0 0 0 0 #DIV/0! #DIV/0!

N Total Retirement Kitty required to maintain Current Lifestyle (N = F * Inflation Factor for C & G * ( D-B ) O Balance Retirement Kitty required for achieving targeted Corpus
(This is the Gap between the Retirement Corpus & value of Current Savings & investments)

P Annual amount required to save & invest (P) to achieve retirement corpus (Annual investment required to attain your Retirement Kitty) (P = O * Gap Factor for C & H ) Q Hence, Monthly Saving Required is
(The monthly investment required for you to attain your Retirement Kitty)

(Q = P/12)