Retirement Calculator

How to Use the Retirement Calculator?

The HDFC Life Retirement Calculator helps you estimate how much money you will need to live comfortably after retirement and how much you should start saving today. Follow these simple steps to use the retirement calculator India effectively:

Step 1: Enter Your Personal Details
 

Enter your current age, desired retirement age, and annual income.

Example:

• Current Age: 30 years
• Desired Retirement Age: 60 years
• Annual Income: ₹12,00,000

Step 2: Add Your Savings & Expense Details
 

Input your current savings, monthly expenses, and expected income growth rate.

Example: 

• ₹10,00,000 saved
• ₹40,000 monthly expenses
• Income growth: 5%

Step 3: Choose Your Investment Preference
 

Select your preferred investment type (e.g., Mutual Funds, NPS, or Fixed Deposits). The calculator adjusts returns accordingly.

Example: Mutual Funds (expected return - 11%)

Step 4: View Your Estimated Retirement Needs
 

Click “Calculate” in the retirement calculator India to see your results instantly.

Let us look at an example.

#All figures are estimates and for example only. They do not constitute financial advice or a guarantee of future returns.

# The values shown are for illustrative purposes only and should not be considered actual projections or guarantees.

Your corpus target is based on inflation and expected lifespan and is not just a single number.

Try adjusting inputs to see real-time impact:

• Retire 5 years later: Monthly savings reduce significantly.
• Increase savings by 10%: Corpus goal is reached earlier.

Explore HDFC Life’s pension plan and annuity plans to turn your savings into guaranteed lifetime income.

Use our free Retirement Calculator to find out how much you will need to retire comfortably in India. This easy-to-use tool helps you plan for the future by estimating your ideal retirement corpus based on your income, expenses, and savings. Furthermore, a retirement calculator in India is specifically for Indian users because it considers local factors such as inflation, cost of living, and tax-saving investment options.

Powered by HDFC Life’s expertise in retirement planning, this calculator helps you plan smarter and make informed financial decisions for your golden years.

Understanding Retirement Planning in India

Retirement savings in India are crucial, where rising living costs, extended life spans, and fewer traditional pension benefits make building a secure financial future more challenging. However, many working professionals find themselves unprepared to deal with this scenario. 

Nearly half of salaried private-sector employees in India contribute very little towards retirement savings. Therefore, a tool like HDFC Life’s retirement calculator in India provides clarity by estimating your future corpus and savings needs, helping you avoid unpleasant surprises.

• Rising Cost of Living and Inflation in India

Inflation in India means that a rupee today will not buy as much in 20 or 30 years. According to the Ministry of Statistics and Programme Implementation (MoSPI), the Consumer Price Index (CPI) inflation in August 2025 was 2.07%^{^}. 

This is why the retirement planning calculator factors in inflation when estimating the corpus required for retirement. Hence, without adjusting for this, you risk underestimating your needs by a wide margin.

• Changing Retirement Landscape (NPS, EPF, PPF, Mutual Funds)

In India, popular retirement savings instruments include the National Pension System (NPS), Employees’ Provident Fund (EPF), Public Provident Fund (PPF), and mutual funds. Each has advantages and limitations. For example, NPS has historically delivered returns of 9% to 12%, while PPF and EPF have returns of 7.1% and 8.25%, respectively^{^^}. 

Importantly, many private-sector employees do not receive any employer-funded pension after retirement. That means personal planning becomes essential, not relying solely on EPF or NPS. In this case, HDFC Life helps you plan better by showing how these instruments fit into a broader retirement strategy.

How to Build Your Retirement Corpus

Building a strong retirement corpus in India requires discipline, smart investing, and protection. Here are some helpful retirement planning tips for India, which will help you get started with retirement planning:

• Start Early and Leverage Compounding

The earlier you begin, the greater the power of compounding. For example, saving ₹10,000 per month from age 25 at an average return of 11% can grow to over ₹2.3 crore by age 60. Therefore, starting ten years later could reduce your corpus by almost half.

• Diversify Your Investment Portfolio

Balance your investments between equity (for growth), debt (for stability), and annuities (for regular income). Use a retirement calculator in India to calculate and plan your retirement corpus. HDFC Life’s ULIP plans and retirement plans offer a mix of growth potential and security, ensuring your savings is adequate for the future despite market shifts.

• Protect Your Retirement Goals with Life Cover

Life-insurance-linked retirement plans safeguard your family’s financial future and ensure your investment goals continue uninterrupted, even in your absence. This helps you stay on track toward a stress-free retirement.

Effective retirement planning is essential for financial independence and peace of mind. Using the HDFC Life Retirement Calculator helps you plan your retirement corpus and plan wisely for the future. 

Start investing early for your retirement to secure a comfortable future after retirement with a retirement calculator India.