Current Monthly Expenses () |
Current Age (Yrs) |
Monthly Expenses @ age 58 () |
Corpus Required @ age 58 () |
Monthly Savings Required to Achieve Required Corpus () |
25,000 |
30 |
1,27,792 |
2.65 Cr. |
16,000 |
25,000 |
35 |
95,493 |
1.95 Cr. |
19,500 |
25,000 |
40 |
71,358 |
1.15 Cr. |
25,500 |
25,000 |
45 |
53,323 |
1.10 Cr. |
36,000 |
25,000 |
50 |
39,846 |
82.0 Lac |
58,000 |
25,000 |
55 |
29,775 |
62.0 Lac |
1,50,000 |
Assumptions:
• Return on monthly savings assumed at 10% p.a.
• Return on retirement corpus assumed at 8% p.a.
• Inflation assumed at 6% p.a. during the contribution period
• Life Expectancy assumed to be 80 years
• Inflation on retirement is assumed to be 5% p.a.