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Calculator Guide

3 min read

A comprehensive guide to using our calculators for retirement planning, SIP calculations, and financial goal setting.

Available Calculators

1. Retirement Planning Calculator

What it calculates:

  • Required retirement corpus based on current expenses
  • Monthly SIP needed to reach your goal
  • Impact of inflation on your retirement needs

How to use:

  1. Enter your current age and desired retirement age
  2. Input current monthly expenses
  3. Specify expected inflation rate (default: 6%)
  4. Enter expected return on investments (default: 10%)
  5. Calculator shows required corpus and monthly investment

2. SIP Calculator

What it calculates:

  • Future value of regular SIP investments
  • Wealth gained through compounding
  • Different scenarios with varying returns

3. Goal-Based Planning Calculator

What it calculates:

  • Investment needed for specific goals (education, home, wedding)
  • Lumpsum vs SIP comparison
  • Timeline adjustments for feasibility

4. Tax Calculator

What it calculates:

  • Tax liability under old vs new regime
  • Section 80C optimization suggestions
  • TDS calculations for various income types

5. NPS Calculator

What it calculates:

  • Projected pension corpus at retirement
  • Expected monthly pension
  • Tax savings under Section 80CCD(1B)

Calculator Tips

  • Use Conservative Estimates: For returns, use 10-12% for equity, 6-7% for debt. For inflation, use 5-6% for long-term planning. Better to be pleasantly surprised than disappointed.
  • Review Regularly: Update calculations annually. Adjust for life changes (marriage, children, job change). Increase SIPs with salary increments.
  • Don't Forget Emergency Fund: Keep 6-12 months expenses in liquid funds. Calculate emergency fund needs separately. Maintain before starting long-term investments.
  • Factor in Existing Investments: Include current PF/PPF balance, existing mutual fund investments, and insurance surrender values.

Common Mistakes to Avoid

  • Using unrealistic return expectations (20%+ annual returns)
  • Ignoring inflation in long-term calculations
  • Not increasing SIPs annually with income growth
  • Forgetting taxes on investment returns
  • Not accounting for goals already funded (like existing property)

Our calculators provide estimates based on the inputs provided. Actual results may vary. Consult a SEBI-registered fiduciary advisor for personalized planning.

Try Our Calculators