Retirement Planning Calculator helps you to find out the future value of your current expenses also calculate how much you need to save from now to enjoy your post-retirement days. Retirement Planning Calculator let you understand how much you should grow your wealth before retirement.

Input | Description |
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Amount required for retirement | This is your desirable amount that you required in your retirement days |

Current Age | Your current age in years |

Retirement Age | Your age at which you want to retire |

Expected rate of return | This is the percentage return per year at which you want to invest your money |

Inflation rate | The rate at which prices increase over time |

Current savings you have | The amount you have saved for your retirement till now |

Output | Description |
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Total Amount Required for Retirement | This is your desirable amount that you required in your retirement days |

Years for Retirement | Time duration in years for your retirement from now |

Present Value of Amount Required | It is the value of a sum of money in the present, which can be equal to some future when investing at compound interest |

One Time Investment Required | It is lumpsum investment that you can do to get you desirable future amount after retirement |

SIP Investment - Monthly Investment Required of | It is SIP investment (monthly investment) till your retirement age that you can do to get you desirable future amount after retirement |

- If you plan for retirement at early stage, your life after retirement will be free from financial worries
- Earlier retirement planning is safe because your future may have more financial obstacles than now.
- You can fulfill financials need of yours or anyone in you family or you can also support child's education in your family.
- You are free from working after retirement to fulfill your financials needs.

Usually, your retirement income should be aproximate of 80% of your pre-retirement salary.

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