Money Katalyst - Retirement Calculator (Expense)

M O N E Y K A T A L Y S T

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Head Office

Rustomjee Avenue L G-1002 Global City Virar West Palghar Vasai Virar Municipal Corporate Pincode - 401303.

Branch Office

C/O THE COWORK CAPITAL
1008, 10th Floor , "OCEAN" Sarabhai Compound, Near Centre Square Mall, Dr. Vikram Sarabhai Marg, Vadodara, Gujarat - 390023.

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Present Age: 27

Retirement Age: 60

Life Expectancy: 80

Long Term Inflation in Economy (%): 6%

Present Living Expenses/Month: 25,000

Reduction in Expenses after Retirement (%): 0%

Expected Return on Investment during Working Years (%): 12%

Expected Rate of Return during Retired Life (%): 8%

Current Savings for Retirement: 0

Amount of Retirement Benefits Received at Retirement: 0

Per Month Amount Required During Retirement:
1,71,015

Corpus Required to Maintain Present Standard of Living During Retired Life:
3,41,66,093

Investment Required to Achieve Retirement Corpus:
6,774