Retirement Calculator
Find out how much you need to retire comfortably — and how much to save every month to get there.
Two halves: build it, then live on it.
You save while you work, then draw on that money once you stop. Here's how your retirement fund rises and falls across your life.
Your ₹40,000 won't stay ₹40,000.
At 6% inflation, prices double about every 12 years. The same monthly life will cost much more by the time you retire — so your plan has to be built in future rupees.
Keep your plan. Let a slice of it be gold.
Gold has kept up with Indian inflation for generations, and it often holds up when markets fall. Putting a small part of your monthly saving into a Gold SIP spreads your risk — the rest stays in your plan.
That's ₹69.2 L more by 60, and part of your retirement is now in gold.
Lease that gold with Spare8+ and earn a fixed 5% p.a. in grams — about ₹53,920 a month, without selling a gram.
Gold uses a ~11% p.a. long-term historical average and isn't guaranteed — gold prices can fall. The Spare8+ reward rate is fixed; its rupee value moves with the gold price.
People who found their number.
Different ages, different incomes — the same first step: knowing what to save each month.
“We'd been saving for years without a target. Once we saw the real number, we raised our SIP, added a gold slice — and for the first time, retirement felt like a plan, not a hope.”
“We thought ₹3 crore was impossible. Splitting it into a monthly number made it feel doable — and 10% of it goes into gold automatically.”
“I started late, so I needed a plan I could actually stick to. The calculator showed me retiring at 62 instead of 58 cut my monthly saving by a third.”
“A daily Gold SIP of ₹150 feels like nothing. Seeing it add up to over 100 grams by 60 is what got me to start this year instead of "someday".”
Stories are illustrative and names have been changed. Figures are estimates from this calculator.
What is a retirement calculator?
Retiring comfortably isn't about luck — it's about knowing your number. A retirement calculator works out how big a fund you'll need to cover your expenses after you stop working, and how much you should save each month to build it.
It's useful for everyone, salaried or self-employed. The earlier you check, the smaller the monthly amount you'll need.
How it helps you
- Shows the corpus you'll need, in future rupees
- Estimates how much to save each month
- Lets you compare safe and growth saving styles
- Factors in inflation and the lifestyle you want
- Counts the savings you already have
- Free, instant and no sign-up
How the numbers come together
The calculator uses compound interest to find the fund you'll need and the monthly saving that builds it.
How to use it
- Set your age, when you'd like to retire and the age to plan until
- Enter what you spend each month today
- Pick your lifestyle and saving style
- Add what you've already saved
Advantages
- Easy to use — no manual maths
- Standard formulas give a reliable estimate
- One click to test a different plan
A quick rule of thumb
Aim for a fund of 25–30 times your yearly expenses at retirement. Starting 10 years earlier can more than halve what you need to save each month.
Retirement calculator questions
I work in a privately owned company. Should I have a private retirement plan?
Yes. Most private jobs don't pay a pension, and EPF alone rarely covers 20–30 years of expenses. A private plan — mutual fund SIPs, PPF, NPS or gold — fills the gap.
What is the ideal amount I need to save for my future?
It depends on your expenses, lifestyle, inflation and how many years you have. A common rule of thumb is 25–30 times your yearly expenses at retirement. The calculator estimates your retirement fund and monthly saving based on the assumptions you choose.
What are some of the most recommended investment avenues?
Many people combine EPF and PPF for safety, equity mutual funds for long-term growth, NPS for tax benefits, and a slice of gold to spread risk and protect against inflation.
When should I start saving for retirement?
As early as you can. Starting 10 years earlier can more than halve the amount you need to save each month, because your money has more time to compound.
How does inflation affect my retirement?
At 6% inflation, prices roughly double every 12 years. ₹40,000 of expenses today could cost over ₹2.2 lakh a month in 30 years, so your plan must be built in future rupees.
Where does gold fit in a retirement plan?
As a slice, not the whole plan. Many people keep 10–15% in gold to spread risk. Build it with a Gold SIP from ₹10, and after retiring, lease it with Spare8+ to earn a fixed 5% p.a. in grams.
Start your gold slice today. Time does the rest.
Start a daily, weekly or monthly Gold SIP from ₹10 — pause anytime, no penalty. When you retire, lease it with Spare8+ for a fixed 5% p.a. in grams.
Methodology. Expenses rise with your chosen inflation rate, then your retirement lifestyle adjustment (1×, 1.25× or 1.5×) is applied. The retirement fund covers annual expenses paid at the start of each year until your planning age, assuming 7% annual returns after retirement. Existing savings and new contributions earn an assumed 7% (Safe) or 12% (Growth) annual return, compounded monthly. New contributions are made at the start of each month. Gold projections assume 11% annual price growth and a fixed starting price of ₹7,425 per gram for illustration; this is not a live price. Taxes and fees are excluded. Returns and gold prices can vary. Results are estimates, not guarantees or personal advice.