Retirement planning helps estimate how much money may be required to maintain your desired lifestyle after regular employment or business income reduces. A suitable plan considers current expenses, inflation, retirement age, life expectancy, existing investments and expected retirement income.
For example, if current annual retirement expenses are ₹6 lakh, and inflation averages an illustrative 6% for 20 years, the equivalent annual expense could be approximately ₹19.24 lakh at retirement. This demonstrates why inflation should be considered when estimating a retirement corpus.
Tax treatment varies by investment and retirement product. Certain eligible investments may qualify for deductions under applicable provisions, while pension and withdrawal taxation depends on the specific product and prevailing tax rules.
Retirement investments may be subject to applicable SEBI, PFRDA, IRDAI, RBI or other regulatory frameworks, depending on the financial product selected.
Use a Retirement Calculator to estimate your potential retirement corpus and explore retirement planning guides for additional information.
Investment returns are not guaranteed. Tax treatment and product benefits are subject to applicable laws, regulations and product terms.
Key Features
- Retirement Corpus Calculation
- Goal-Based Investment Planning
- Pension Planning
- Inflation Assessment
- Income Replacement Planning
- Tax Planning Guidance
- Portfolio Review
- Retirement Income Strategy