Retirement – The World’s Best Job

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Retirement can be a meaningful phase in your life. A phase where you can follow your true passion.
But it is very important to remember that every passion has a cost attached to it.
In addition, there is the cost of maintaining your current lifestyle post-retirement.

Our pension plans give you a monthly income, post retirement.
With financial worries taken care of, you are free to do what you’ve always felt passionately about.
Becoming a cricket coach, owning your own fruit farm or becoming a vineyard owner etc.

The Retirement Calculator below will help you plan better.

As you will see, the key is to start planning early.

Retirement Calculator

Know your Retirement Number

Current age *

Retirement age *

Current monthly expense *

Current cost of passion *

eg: cost of opening a small restaurant today might be approx. Rs.15 lakhs

Inflation

Assumed rate of investment return

* Marked are mandatory fields.

Your Retirement Number

Projected monthly expense

Corpus needed to fund daily life

Projected cost of passion

Retirement Number

(Money you will need post-retirement)

Monthly *Net investment needed to reach Retirement Number

The rates of returns shown in the above example are assumed future investment returns. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including future investment performance.

IN THIS POLICY, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICY HOLDER

ICICI Prudential Life Insurance Co. Ltd. does not grant an assurance that it has life insurance products of the rate of return selected.

This document does not constitute an offer or solicitation for the purpose of purchase or sale of any financial instrument or as an official confirmation of any transaction.

The document is provided for assistance only on the basis of provided information and is not intended to be and must not alone be taken as the basis for an investment decision.

*“Net Investment” would mean the investment after deduction of all applicable charges under the financial instrument”

We are assuming a 6 % return on the corpus created

Monthly Expense Calculator
Food & Clothing	Rs.
Electricity	Rs.
Transport Expenses	Rs.
Telephone	Rs.
Child Education fees	Rs.
Medical Expenses	Rs.
Entertainment	Rs.
Vacation	Rs.
EMI & Credit Card Payments	Rs.
Other Expenses	Rs.

Total Expenses	Rs.

Inflation Index Calculator
Monthly Expenses	Rs.
Time Period (No. of years)
Choose the Inflation Rate

Your Future monthly expenses	Rs.

Monthly Spending Calculator
Select your habit
Amount you spend monthly	Rs.
You can Save Rs.
Choose the Inflation Rate
In 5 years, you can save Rs.
In 10 years, you can save Rs.
In 20 years, you can save Rs.