This calculator is inspired by a couple of posts (links below) on retirement by Subramoney. It allows you to guess how much you need for financial independence during retirement and computes the corresponding pension or how long the corpus will last if it has to match future expenses indexed to inflation. It also calculates the monthly investment amount needed to generate corpus guessed.
Math-wise it is similar to my other retirement calculators. Many people find the large corpus given by these calculators scary. So hopefully this guesstimator will help people understand why such large corpuses are unfortunately necessary for financial independence during retirement.
Retirement Planning Is Simple?
Retirement Planning is Taken Lightly …
Download the Retirement Corpus Guesstimator
Free Apps for your Android Phone
Freefincal has open-source, comprehensive Excel spreadsheets, tools, analysis and unbiased, conflict of interest-free commentary on different aspects of personal finance and investing. If you find the content useful, please consider supporting us by (1) sharing our articles and (2) disabling ad-blockers for our site if you are using one. We do not accept sponsored posts, links or guest posts request from content writers and agencies.
Blog Comment Policy
Your thoughts are vital to the health of this blog and are the driving force behind the analysis and calculators that you see here. We welcome criticism and differing opinions. I will do my very best to respond to all comments asap. Please do not include hyperlinks or email ids in the comment body. Such comments will be moderated and I reserve the right to delete the entire comment or remove the links before approving them.