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Retirement Calculator: India

Project your retirement savings year by year, in today’s money after inflation, with the income a 4% withdrawal supports and your financial-independence age.

Reviewed by CentExactRates effective 1 sourceCalculated in your browser. Shared links include inputs.

India: a large nominal return is not a large real one

EPF and NPS provide part of retirement income and are not modelled here. Both are already retirement saving, so count them once: either fold your contributions to them into the contribution figure on this page, or leave them out entirely and treat their eventual value as reducing the income target. Doing both double-counts, and doing neither understates what you are actually putting away.

The Indian assumptions are a 9% nominal return and 5% inflation, and the pair matters far more than either figure alone. Nine percent looks like a much better outcome than the 6.5% assumed for the euro-area countries, but after inflation it is 3.81% a year, (1.09 ÷ 1.05) − 1, which is slightly worse. A high-inflation currency pays a high nominal return partly just to stand still.

This is the country where reading the today's-money column rather than the headline balance matters most. Over 30 years, 5% inflation divides a balance by 4.32: a projected ₹5 crore is a little over ₹1.15 crore at today's prices. Judge the plan on the lower line.

The retirement age opens at 60, the usual superannuation age in public employment and the age most pension schemes use.

For how the calculation works, the formula behind it and what it leaves out, see the full guide. For help interpreting a result or comparing it with a quote or statement, read the questions and answers.

Data sources

Indian consumer finance conventionsReserve Bank of IndiaWithin its effective period

Every document each dataset was read from, its notes and how the figures were checked are listed in the guide's data sources.

This calculator in other countries

Each country has its own rates, thresholds and rules, and its own page that runs the calculator on them and cites the official sources they came from.

CentExactCalculator publisher

CentExact publishes the calculation method, worked examples and available data sources. Automated checks cover reference calculations; they do not certify a result for your circumstances or imply approval by a lender or tax authority.

How we build and test our calculators

This calculator is for general information only and is not financial advice. Results are estimates based on the figures you enter and the stated formula; lenders and providers may round or calculate differently. Check any decision with the institution involved or a qualified adviser.