MyWebUtils: Free Online Dev Tools

What is a Retirement Corpus?

A retirement corpus is the total amount of money you will have saved up by the time you retire. This fund is what you will live on after you stop working. Calculating this amount is the first and most crucial step in retirement planning.

How This Simplified Calculator Works

This tool provides a straightforward projection based on the principles of a Systematic Investment Plan (SIP) and compound interest. It helps you answer the fundamental question: "If I save X amount per month, how much will I have when I retire?"

• Inputs: You provide your current age, desired retirement age, the amount you can save monthly, and the expected annual rate of return on your investments.
• Calculation: The calculator uses the future value formula for a series of regular payments (an annuity) to project the total value of your investments at the time of retirement.
• Output: You get a clear breakdown of the estimated total corpus, how much you personally invested, and how much "wealth was gained" through compounding.

Why It's Important

Even as a simplified model, this calculator powerfully illustrates the importance of starting early and investing consistently. The pie chart visually demonstrates how, over long periods, the wealth gained from returns can significantly outweigh the total amount you invested. Use this tool to set realistic savings goals and motivate yourself to stay on track for a comfortable retirement.

Disclaimer: This is a basic projection and does not account for inflation, taxes, or changes in your financial situation. For a comprehensive plan, it's always best to consult a professional financial advisor.