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Retirement Readiness Calculator

Multi-step retirement planning with readiness score (0-100).

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Disclaimer: CalcPad results are estimates for general planning. Verify important loan, tax, salary, academic, or business decisions with the relevant official provider.

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How Retirement Readiness Works

This calculator estimates your retirement corpus need based on current expenses adjusted for inflation, then compares it with your projected savings to give you a readiness score (0-100). It also calculates the monthly SIP needed to bridge any gap.

Formula

Required Corpus = (Annual Expenses × Years in Retirement) / (1 + Return Rate) Future Expenses = Current Expenses × (1 + Inflation)^Years Readiness Score = (Projected Corpus / Required Corpus) × 100

Retirement Planning Rules of Thumb

  • 25x Rule: Save 25-30 times your annual expenses for retirement
  • 4% Withdrawal Rule: Withdraw 4% of corpus annually to make it last 25-30 years
  • Start Early: Starting at 25 vs 35 can reduce required monthly SIP by 50%+
  • Inflation: Use 6-7% inflation for India; healthcare inflation is higher (8-10%)

What to Include in Your Corpus

Include: EPF, PPF, NPS, mutual funds, stocks, bonds, real estate (if selling), gold, and any other retirement-earmarked investments.

Exclude: Emergency fund, children's education fund, house you'll live in, and any assets not meant for retirement.

Post-Retirement Income: Include pension, rental income, annuity, or part-time work income. This reduces the corpus you need.

Common questions

What is a good retirement readiness score?

A score of 80+ means you're on track for a comfortable retirement. 60-80 means you need to increase savings. Below 60 means significant action is needed to avoid a retirement shortfall.

How much corpus do I need for retirement?

A common rule of thumb is 25-30 times your annual expenses. If you need ₹50,000/month (₹6 lakh/year), you need ₹1.5-1.8 crore corpus, adjusted for inflation.

Should I include EPF and PPF in existing corpus?

Yes. Include all retirement savings: EPF, PPF, NPS, mutual funds, real estate (if you plan to sell), and any other investments earmarked for retirement.

What return should I assume?

For long-term retirement planning, 10-12% is common for equity-heavy portfolios. Use 8-10% for balanced portfolios and 6-8% for conservative debt-heavy portfolios.

What about post-retirement income?

Include pension, rental income, annuity payments, or any other guaranteed income streams. This reduces the corpus you need to accumulate.

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Disclaimer: Retirement planning is complex and depends on many factors. This calculator provides estimates only. Actual inflation, returns, and expenses will vary. Consult a certified financial planner for personalized retirement advice.

Last updated: May 2026