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Table of Contents

  1. retirement

When can you retire?



Present State

Current age (years) Age to retire (years)
Current saving Current spouse saving
Current monthly expenses


Expected expenses in future

Years from now Cost
Car
Marriage
House
Higher Education


Your Saving Details

%Tax: Monthly Annually
Saving
Annual Bonuses
Stock Options
Total (After Tax)


Spouse Saving Details

%Tax: Monthly Annually
Saving
Annual Bonuses
Stock Options
Total (After Tax)



Expected % increase in saving per year
Expected % inflation
Expected % interest/year on your savings






Result


Calculation Details



Points to note

1) It is difficult to predict the future. Inflation and interest rates could vary a lot in future.

2) Above analysis assume a great discipline in putting aside a good sum of money each month.
With only a few defaults in this, the estimates could vary a lot.

3) Expenditures like vacations, friend loans, stocks, gambling etc. could significant alter the above calculations.

4) Property sale/purchase are pretty big events and can have a huge impact too.


Finally !!

Do not use this estimate as a writing in stone :)
You can alter your retirement significantly by finding alternative income sources.








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Site Owner: Sachin Goyal