retirement_calculatorDuring our working period, our income takes care of our living expenses.

Retirement planning is all about provisioning for our desired life style expenses after we stop working.

For this we need to compute our requirement at today’s cost[exclude all expenses that may not be there during retirement like children education, home and other loan repayments, etc.,

And do not forget to provide for health and travel related expenses which may rise during the golden years], and then apply inflation and see how much we might require for retirement on a monthly basis.

Once we compute this figure, then to find out the savings required to meet this important financial goal.

This excel sheet has a basic planner and an advanced planner in two work sheets. You may choose to work around with numbers that you feel are most close to the real situation.