Retirement & FIRE planner
How much you need, whether you are on track, and when work could become optional.
Example result
- Corpus needed at retirement
- ₹7,71,48,478
- You are on track for
- ₹6,80,50,705
- Monthly SIP needed to close the gap
- ₹3,215
- Monthly expenses at retirement
- ₹2,87,175
- FIRE number at retirement
- ₹9,84,59,849
- Age you reach FIRE
- 67
Year-by-year
| Age | Projected savings | FIRE target |
|---|---|---|
| 31 | ₹8,09,792 | ₹1,81,71,429 |
| 32 | ₹11,55,118 | ₹1,92,61,714 |
| 33 | ₹15,40,056 | ₹2,04,17,417 |
| 34 | ₹19,69,150 | ₹2,16,42,462 |
| 35 | ₹24,47,469 | ₹2,29,41,010 |
| 36 | ₹29,80,661 | ₹2,43,17,470 |
| 37 | ₹35,75,023 | ₹2,57,76,519 |
| 38 | ₹42,37,576 | ₹2,73,23,110 |
| 39 | ₹49,76,145 | ₹2,89,62,496 |
| 40 | ₹57,99,456 | ₹3,07,00,246 |
| 41 | ₹67,17,235 | ₹3,25,42,261 |
| 42 | ₹77,40,326 | ₹3,44,94,797 |
| 43 | ₹88,80,815 | ₹3,65,64,484 |
| 44 | ₹1,01,52,181 | ₹3,87,58,354 |
| 45 | ₹1,15,69,446 | ₹4,10,83,855 |
| 46 | ₹1,31,49,360 | ₹4,35,48,886 |
| 47 | ₹1,49,10,594 | ₹4,61,61,819 |
| 48 | ₹1,68,73,966 | ₹4,89,31,528 |
| 49 | ₹1,90,62,683 | ₹5,18,67,420 |
| 50 | ₹2,15,02,617 | ₹5,49,79,465 |
| 51 | ₹2,42,22,613 | ₹5,82,78,233 |
| 52 | ₹2,72,54,828 | ₹6,17,74,927 |
| 53 | ₹3,06,35,113 | ₹6,54,81,423 |
| 54 | ₹3,44,03,435 | ₹6,94,10,308 |
| 55 | ₹3,86,04,356 | ₹7,35,74,927 |
| 56 | ₹4,32,87,552 | ₹7,79,89,422 |
| 57 | ₹4,85,08,409 | ₹8,26,68,788 |
| 58 | ₹5,43,28,675 | ₹8,76,28,915 |
| 59 | ₹6,08,17,190 | ₹9,28,86,650 |
| 60 | ₹6,80,50,705 | ₹9,84,59,849 |
How this is calculated
Today's monthly expenses are grown by inflation to your retirement age. The corpus needed is the present value, at retirement, of yearly withdrawals that rise with inflation until the age you plan for, taken at the start of each year:
Corpus = A × [1 − ((1 + g) ÷ (1 + r))R] ÷ (r − g) × (1 + r)
where A is the first year's expenses, g inflation, r the after-retirement return and R years in retirement. Current savings grow at the pre-retirement return; monthly investments grow like a SIP. The FIRE number is annual expenses ÷ withdrawal rate, and the FIRE age is the first year your projected savings reach that year's FIRE number.
Questions
What is the difference between the corpus and the FIRE number?
The corpus needed is what funds inflation-rising expenses until the age you plan for, using the after-retirement return. The FIRE number is a rule of thumb: annual expenses divided by a safe withdrawal rate, meant to last indefinitely.
Which withdrawal rate should I use?
The widely quoted 4% comes from US market history over 30 years. Indian retirees face higher inflation and may retire earlier, so many planners use 3–3.5%. A lower rate needs a bigger corpus but is safer.
Does this include EPF, PPF and pension?
Include their current balances in "savings already invested" and their monthly contributions in "investing every month". Pension income is not modelled separately.
Estimates for educational purposes only. Not financial, tax or investment advice.