Retirement Planner ProAdd this app to your lists
Age (Years) : 30
Retirement Age (Years) : 58
Monthly Expenses : 30,000
Inflation (%) : 7
Rate of Return (%) on investment Before Retirement : 12
Rate of Return (%) on investment After Retirement : 10
Year to Retire : 28
Monthly Expenses : 1, 99,465
Retirement Corpus : 3, 99, 98,159
Monthly Investment : 14,645
Suppose you are 30 years old who wants to retire at 58 and expect to live till 80.
If your current Monthly Household Expenses (excluding expenses which will not be part of it post Retirement e.g. EMI, Insurance Premium, Education Expenses etc) are 30000,
You expect inflation to be around 7% for next 28 years,
You expect 12% return on your investments before retirement and
During retirement you expect that your investments will return 10%.
So Number of Years left for your retirement are 28 years and at retirement you will require a retirement corpus of 3,99,98,159 for which I need to save 14,645 per month.
Please send your suggestion and issues to my E-mail address email@example.com
Version : 2.0
- Retirement Planner
- Send SMS
- Send Email
- Currency Symbol Added
- Settings for Default Values - Retirement Age & Monthly Expenses
- Settings for Reload Last Values
- Help, More Apps, Share this App, Rate the App and Feedback Menus are added.