SWP
See how long your money lasts when you withdraw a fixed amount every month.
Savings and loans
Retirement and FIRE calculator
Estimate the corpus your expenses need through retirement, what you are on track for, and the monthly gap.
years
years
years
The age you want the money to last to. A figure you choose.
a month
%
Use 0 to keep it the same.
a month
In today's rupees. It is inflated to the day you retire.
% a year
An assumption, used before and after retirement. Nobody can promise one.
% a year
An assumption, not a forecast.
% a year
Your own figure for the second reading. This page does not say any rate is safe.
Saving ₹12,000 a month until age 55 could build about ₹3.01 crore on paper, against ₹5.18 crore for your expenses to last to age 85. That is ₹2.17 crore short of what is needed.
- Corpus projected
- ₹3,01,23,370≈ ₹3.01 crore, about ₹70.19 lakh in today's money.
- Gap
- ₹2,17,20,376₹2.17 crore short of what is needed.
- Corpus needed at retirement
- ₹5,18,43,746≈ ₹5.18 crore, about ₹1.21 crore in today's money. Enough for the expenses to last to age 85.
- Extra saving each month to close the gap
- ₹16,235On top of your saving, from today, at the same assumed return.
Your corpus, year by year
Tap or hover the chart, or use the slider, to read any year. After retirement it is drawn down.
- Your savings, then drawn down
- Total you put in
After 37 years 11 months
Your savings, then drawn down
₹0
Total you put in
—
Year-by-year table
| Year | Your savings, then drawn down | Total you put in |
|---|---|---|
| 0 | ₹5,00,000 | ₹5,00,000 |
| 1 | ₹7,04,400 | ₹6,44,000 |
| 2 | ₹9,37,805 | ₹7,95,200 |
| 3 | ₹12,03,634 | ₹9,53,960 |
| 4 | ₹15,05,679 | ₹11,20,658 |
| 5 | ₹18,48,153 | ₹12,95,691 |
| 6 | ₹22,35,729 | ₹14,79,475 |
| 7 | ₹26,73,592 | ₹16,72,449 |
| 8 | ₹31,67,492 | ₹18,75,072 |
| 9 | ₹37,23,807 | ₹20,87,825 |
| 10 | ₹43,49,607 | ₹23,11,217 |
| 11 | ₹50,52,731 | ₹25,45,777 |
| 12 | ₹58,41,863 | ₹27,92,066 |
| 13 | ₹67,26,631 | ₹30,50,670 |
| 14 | ₹77,17,697 | ₹33,22,203 |
| 15 | ₹88,26,877 | ₹36,07,313 |
| 16 | ₹1,00,67,253 | ₹39,06,679 |
| 17 | ₹1,14,53,318 | ₹42,21,013 |
| 18 | ₹1,30,01,116 | ₹45,51,063 |
| 19 | ₹1,47,28,413 | ₹48,97,617 |
| 20 | ₹1,66,54,877 | ₹52,61,497 |
| 21 | ₹1,88,02,276 | ₹56,43,572 |
| 22 | ₹2,11,94,708 | ₹60,44,751 |
| 23 | ₹2,38,58,837 | ₹64,65,988 |
| 24 | ₹2,68,24,174 | ₹69,08,288 |
| 25 | ₹3,01,23,370 | ₹73,72,702 |
| 26 | ₹3,00,14,928 | — |
| 27 | ₹2,96,99,366 | — |
| 28 | ₹2,91,43,249 | — |
| 29 | ₹2,83,08,937 | — |
| 30 | ₹2,71,54,103 | — |
| 31 | ₹2,56,31,194 | — |
| 32 | ₹2,36,86,838 | — |
| 33 | ₹2,12,61,186 | — |
| 34 | ₹1,82,87,178 | — |
| 35 | ₹1,46,89,733 | — |
| 36 | ₹1,03,84,847 | — |
| 37 | ₹52,78,598 | — |
| 37.9 | ₹0 | — |
Projected against needed
Tap a segment to see its rupees.
Corpus projected₹3.01 crore58% of total
Of the ₹5,18,43,746 needed, ₹3,01,23,370 is projected from your savings and ₹2,17,20,376 is still short.
The numbers behind it
- Years of saving
- 25
- Monthly expense when you retireToday's expense after inflation.
- ₹2,57,512
- Last monthly saving
- ₹38,701
- Total you put in
- ₹73,72,702
- Your projected corpus lasts
- To about age 67.9
The same question at a 4% withdrawal rate
Yearly expense at retirement divided by the rate you entered. It ignores how long you live, and it is not a safe rate.
- Corpus neededAbout ₹1.8 crore in today's money.
- ₹7,72,53,673
- Gap
- ₹4,71,30,303
- Extra saving each month
- ₹35,227
What this assumes
- The return, inflation and the age you plan until are assumptions you chose. Real returns and prices move, and you may live shorter or longer.
- Savings are put in at the start of each month; expenses are taken out at the start of each month and rise once a year with inflation.
- The corpus needed is the amount that, drawn down the way a systematic withdrawal plan works, reaches zero at the age you chose.
What this does not do
- Tax on returns or withdrawals, pensions, rent, or other income after you retire.
- Medical costs that rise faster than general prices, or one-off big expenses.
- Any claim that a return or a withdrawal rate is safe.
- Whether this plan suits you.
What next
SIP
See what a fixed monthly investment in a mutual fund could grow to, for a return you assume.Step-up SIP
See how raising your monthly SIP by a set amount every year changes the final value.NPS
Estimate your National Pension System corpus, lump sum and monthly pension for returns you assume.
How it works
The page does three things. It inflates today's monthly expense to the day you retire. It finds the corpus that, drawn down month by month with those rising expenses while the rest keeps earning the return you assume, reaches zero at the age you chose. And it projects what your savings and monthly saving grow to by then.
Corpus needed = sum of each month's expense, discounted back at the monthly return
A second reading divides the first year's expense at retirement by a withdrawal rate that you type. That reading ignores how long you live and is shown only for comparison. The extra monthly saving that closes the gap is the gap divided by what one rupee saved every month grows to.
A worked example
At 30 with ₹5,00,000 saved, ₹12,000 a month rising 5% a year, and a spend of ₹60,000 a month, assuming a 10% return and 6% inflation, you retire at 55 with a projected ₹3,01,23,370 (₹3.01 crore). Expenses then are ₹2,57,512 a month, and the corpus needed to last to age 85 is ₹5,18,43,746 (₹5.18 crore). The gap is ₹2.17 crore short.
What it leaves out
- Tax, pensions, rent or other income after you retire.
- Medical or one-off costs that rise faster than general prices.
- Ups and downs in returns. A bad stretch early in retirement can drain a corpus faster than a steady return suggests.
- Any claim that a return or withdrawal rate is safe.
Questions people ask
What is FIRE?
FIRE stands for financial independence, retire early. The idea is to build a corpus large enough that its returns can cover your expenses. This page shows the arithmetic for the numbers you enter.
Is the 4% rule safe?
This page cannot say any withdrawal rate is safe. It lets you type a rate and shows the corpus that rate implies, next to the corpus found by drawing down your inflated expenses to the age you chose.
Why two corpus figures?
The first draws expenses down month by month with inflation until the age you picked. The second divides a year of expenses by a withdrawal rate you enter. They answer slightly different questions and often differ.
Which return and inflation should I use?
The ones you want to test. Try a lower return and higher inflation as well as your first guess, because real figures vary and nobody can promise them.
What does the extra monthly saving mean?
It is the flat amount to add to your saving from today, at the same assumed return, so the projection meets the corpus needed. It is arithmetic, not a recommendation.