What is a retirement corpus?

A retirement corpus is the total amount of money you need to accumulate by the time you retire to cover your living expenses for the rest of your life without having to work.

Why is inflation important in retirement planning?

Inflation reduces the purchasing power of your money over time. An amount that seems large today will buy much less in the future. Your retirement plan must account for inflation to ensure your savings can cover your future living costs.

Why are pre-retirement and post-retirement returns different?

Generally, investors take more risks with their investments during their working years (pre-retirement) to aim for higher returns. After retiring, the focus shifts to capital preservation, so investments are typically moved to safer, lower-return assets to generate a steady income.

Retirement Savings Calculator

A retirement calculator is an essential financial planning tool designed to help you determine how much money you need to save for a comfortable retirement. By considering factors like your current age, desired retirement age, current expenses, and expected rates of inflation and investment returns, it estimates the total retirement corpus you should aim for. It also calculates the monthly investment required to reach that goal, making your retirement planning more concrete and achievable.

What is a Retirement Calculator?

Frequently Asked Questions