Current Income Status Need help
Replacement Rate Required
Post Retirement Status
Expense Status
Expected Inflation Figures
- A -> Personal Information (Name, Gender, Date of Birth).
- B -> Current Annual Income.
- C -> Insert value of increment in annual salary you see in coming years.
- D -> At what age do you want to retire?.
- E -> Expected rate of return pre-retirement.
- F -> Expected rate of return of the corpus post retirement.
- G -> Replacement rate is percentage of the income just before retirement that will be required by an individual to maintain the desired standard of living in retirement.
i.e. Income replacement ratio = Gross income post retirement Gross income pre-retirement . - H -> Number of years that you would like to live in retirement. In other words this is the period you would like your corpus to last.
- I -> Current monthly expense (in Rs.).
- J -> Your projection on how the Inflation will be in coming years..
- K -> Press for getting the amount of Corpus required and periodic saving required using Income Replacement Method
- L -> Press for getting the amount of Corpus required and periodic saving required using Expense Protection Method.