Retirement Planner For The Middle-Aged Employee

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Are you close to retirement (~ 10 years or less)? Do not intend to change your job before retirement? Then this calculator would suit you perfectly! Go ahead give it a try.

Most retirement calculators are designed for young people. The main aim is to output the monthly investment needed. For a middle-aged person this is of limited use. He/she would have a colorful (if not cluttered!) folio with EPF, PPF, FD, gold, mf, stocks, property, passive income etc. Here is a calculator that allows you to take all these into account.
This calculator was designed on the request of one my first users.

If your retirement is less than 10 years or so (either because of age or assets), I request you to give this calculator a try. Bsesides the above it takes into account EPF balance, a constant pension or annuity and tells you the corpus needed for an inflation-indexed annuity.

NOTE: It has some EPF workings and necessary links. Request those knowledgeable and/or interest in EPF to please have a look and let me know your feedback.
If you are far away from retirement and NOT interested in financial freedom DO NOT use this (why?)

Retirement planner for the middle aged employee (Apr 2014).  Reuploaded after removing a confusing output. Thanks to Ms. Charulatha Varadarajan for point this out.

Retirement-planner-for-the-middle-aged-employee (Dec 2012)

 

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About the Author M Pattabiraman author of freefincal.comM. Pattabiraman is the co-author of two books: You can be rich too with goal based investing and Gamechanger. “Pattu” as he is popularly known, publishes unbiased, promotion-free research, analysis and holistic money management advice. Freefincal serves more than one million readers a year with numbers based analysis on topical issues and has more than a 100 free calculators on different aspects of insurance and investment analysis, including a robo advisory template for use by beginners. Contact information: freefincal {at} Gmail {dot} com He conducts free money management sessions for corporates (see details below). Previous engagements include World Bank, RBI, BHEL, Asian Paints.

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Freefincal has original unbiased, conflict-of-interest-free,  topical reports, reviews, commentary and analysis on all aspects of personal finance like mutual funds, stocks, insurance etc. All guest authors and contributors to the site also do not have any conflict of interest. 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. No promotional content We do not accept sponsored posts and link exchange requests from content writers and agencies. This is our privacy policy Our website is non-profit in nature. The revenue from the advertisement will only be used for hosting charges, domain registration charges, specific plugins necessary for traffic growth and analytics services for search engine optimisation.
Want to conduct a sales-free "basics of money management" session in your office?
I conduct free seminars to employees or societies. Only the very basics and getting-started steps are discussed (no scary math):For example: How to define financial goals, how to save tax with a clear goal in mind; How to use a credit card for maximum benefit; When to buy a house; How to start investing; where to invest; how to invest for and after retirement etc. depending on the audience. If you are interested, you can contact me: freefincal [at] Gmail [dot] com. I can do the talk via conferencing software, so there is no cost for your company. If you want me to travel, you need to cover my airfare (I live in Chennai)

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Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You WantGamechanger: Forget Start-ups, Join Corporate and Still Live the Rich Life you wantMy second book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at low cost! Get it or gift it to a young earner

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