Retirement Savings Calculator 🏖️

Determine your **required monthly savings** or the **final corpus** you'll accumulate based on your inputs and inflation-adjusted goals.

Retirement Planning Input

Current Retirement Savings ($):

Years to Retirement:

Expected Annual Investment Return (%):

Expected Annual Inflation (%):

Current Monthly Contribution ($):

If finding required savings, leave blank or enter 0.

Required Annual Retirement Income (Today's $):

Goal income (in today's dollars).

Financial Independence Planning

This calculator combines two key financial planning concepts: 1) The Future Value of your current savings and contributions, and 2) the Target Corpus (or "FIRE Number") needed to sustain your desired retirement income.

Key Formulas

The total retirement corpus is calculated by summing the future value of the initial lump sum and the future value of the recurring monthly contributions (annuity due).

1. Inflation Adjusted Goal (FV of Income):
   Goal = Required Income (1 + Inflation)^Years

2. Target Corpus (4% Rule):
   Target Corpus = Goal / 0.04 (or Goal x 25)

Retirement Savings Calculator 🏖️

Retirement Planning Input

Retirement Projection

Goal Analysis

Safe Withdrawal Rate (4% Rule)

Financial Independence Planning

Key Formulas