Docstoc

Retirement Calculator

Document Sample
Retirement Calculator Powered By Docstoc
					                         Retirement Calculator
                      Particulars                   Amount

Total Monthly Expenses                                 30,000
Total Annual Expenses                                 360,000

Inflation                                                7.00%
Current Age                                                 30
Retirement Age                                              60
Life Expectancy                                             80
No. of Years for Retirement                                 30
Expenses in the First Year of Retirement             2,740,412

Retirement years (life expectancy-retirement age)           20
Inflation during Retirement Years                        7.00%
Investment Returns on Retiement Corpus                   9.00%
Net Returns                                              1.87%
Retirement Corpus Required                          46,228,877

Mutual Funds                                         2,000,000
EPF & PPF                                            3,500,000
Gratuity                                               500,000
Insurance Proceeds                                           0
Others                                                       0
Total Current Assets Utilized                        6,000,000

Deficit (Corpus Required-Assets Utilized)           40,228,877
No of Years for Retirement                                  30
Expected Investment Returns                             14.00%
Lumpsum Funding Required (If Available)                789,573
Monthly Investments Required                             7,324
or
     Remarks

           Input
          Output

      Assumption
           Input
           Input
           Input
          Output
          Output

          Output
      Assumption
      Assumption
          Output
          Output

           Input
           Input
           Input
           Input
           Input
          Output

          Output
          Output
      Assumption
          Output
          Output

				
DOCUMENT INFO
Shared By:
Stats:
views:22
posted:8/20/2012
language:
pages:2