For Suspension of fresh subscription in certain schemes of NIMF, kindly refer to ADDENDUM

​​​​​​​​

• ​F​uture expense
Years
Years

No. of years to retire

Select rate
Rs.

Press enter

Future value of your current monthly expense: Rs. per month

Notice how your future expenses are substantially higher, due to the effect of inflation. You have to save prudently to beat inflation and accumulate a sufficient retirement corpus to ensure that your future cost of living is comfortably met.

Next

Calculation Methodology: The above calculation is based on monthly compounding of the inflation rate you have assumed. For example, if you have assumed 6% inflation rate, 0.5% (6% divided by 12) monthly compounded rate is used for the time period between your present age and retirement.

• Retirement corpus
Rs.
Years
Select rate

You have to make sure to have a minimum retirement corpus of Rs. xx to meet your post-retirement regular expenses based on your assumptions. You may also like to consider building a higher retirement corpus to take care of emergency expenses

BackNext

Calculation Methodology: The above calculation is based on the assumption that monthly withdrawal is made on the retirement corpus at monthly compounding of the annual rate of return you have entered over the period of your life expectancy. For example, if you have entered 10% as the rate of return and life expectancy as 30 years, the calculator uses 0.83% (10% divided by 12) for 360 months (30 years multiplied by 12) to calculate the retirement corpus required for the monthly withdrawal amount. Please note that your retirement corpus will be completely used up, and will become nil at the end of life-expectancy.

• Invest per month
Rs.
Years
Rs.
Select rate

How much you need to invest per month Rs.

You have to invest a minimum of Rs. xx as lump sum and Rs. xx monthly towards building your retirement corpus. You may also like to consider investing a higher amount and thereby, accumulate a higher retirement corpus to take care of emergency expenses.

Back View Summary

Calculation Methodology: The above calculation is based on monthly compounding of the rate of return you have entered, over the number of years of your retirement for the required retirement corpus. For example, if you have entered 15% rate of return for 30 years, the calculator uses 1.25% (15% divided by 12) for 360 months (30 years multiplied by 12) to calculate the amount you need to save per month to accumulate your desired retirement corpus

## Dear ,

Based on your inputs and assumptions, you have xx years to retire. You need to invest Rs. as lumpsum and Rs. yy per month to accumulate a retirement corpus of Rs. zz, which could provide you a cash flow of Rs. XX per month.

Rs
Rs
Rs
Rs
Back Invest Now

Disclaimer: This calculator is provided to enable you to plan your retirement and aid an estimate for the retirement benefit. It is designed only for information / education purpose. The results presented by this calculator are hypothetical and basis the information / inputs provided by you and guides you to plan your retirement and importance of savings for your retirement benefits. Kindly do not consider this as an investment advice or direct or indirect solicitation for the scheme or the performance. While utmost care has been exercised in preparing this calculator, Nippon Life India Asset Management Limited (NAM India) or their respective directors, employees, affiliates or representatives do not warrant the completeness or guarantee the accuracy of the information and will not be responsible for any liabilities, losses, damages arising out of the use or in respect of anything done in Nippon India Mutual of the calculator. The calculations provided through this calculator shall not directly or indirectly be construed as solicitation of scheme the performance of the scheme. Request you consult your financial advisor before making any type of investment.

​​

## Welcome to Retirement Calculator

Use the Retirement Calculator to find out the future value of your current expenses, calculate the retirement corpus you need to accumulate and how much you need to save to ensure you enjoy your golden post-retirement days.

Get Started​​​​​​​​​​​​​​​​​​​​​​​​ ​​