How Much Do I Need To Invest For A Worry-Free Retirement?
To live a financially worry-free life now means to take care of your finances. In
retirement it is in\mortant to consider that expenses might change. For example,
health care and travel are likely to increase but also many recurring expenditures
will also go down. To save for retirement you no longer need to dedicate a portion
from your income. Your taxes are likely to be lower and you must have paid off the
mortgage and other loans. Your taxes are likely to be lower like payroll taxes,
which are taken out of each paycheck, will be eliminated completely.
You have worked hard all your life so obviously, you want to make sure you can enjoy
your retirement years. Our Retirement Calculator will help you figure out how much
money you need to save today so that you can live peacefully in your work-free years.
Calculator will do all the work and give you the best results, you just need to
provide your age, retirement age, current monthly expenses, details of all your
assets and the expected rate of return.
What returns do you expect on your investments and savings?
Expected Return pre-retirement (p.a.)
Expected Return post-retirement (p.a.)
Amount required against expenses at the time of retirement
Less: Value of existing investments at the time of retirement
Net amount required at the time of retirement