taxsaving
WHY DO YOU NEED A RETIREMENT PLAN?

Retirement Plans are specially designed to meet your post-retirement needs. To ensure that you enjoy your golden years with financial independence, plan for your expenses and needs well in advance.

LET’S SEE HOW INFLATION WOULD AFFECT YOUR LIFE
1 years

Today

At retirement

Petrol

₹ 92.82

₹ 99

Medicine

₹ 5,000

₹ 5,350

House Rent

₹ 50,000

₹ 53,500

Food & Grocery

₹ 20,000

₹ 21,400

Dinning Out

₹ 3,000

₹ 3,210

Utility/Electricity

₹ 3,000

₹ 3,210

Entertainment

₹ 5,000

₹ 5,350

Petrol

Today

₹ 92.82

At retirement

₹ 99

Medicine

Today

₹ 5,000

At retirement

₹ 5,350

House Rent

Today

₹ 50,000

At retirement

₹ 53,500

Food & Grocery

Today

₹ 20,000

At retirement

₹ 21,400

Dinning Out

Today

₹ 3,000

At retirement

₹ 3,210

Utility/Electricity

Today

₹ 3,000

At retirement

₹ 3,210

Entertainment

Today

₹ 5,000

At retirement

₹ 5,350

Disclaimer: The above simulation, and inflation rate of
, is for illustration purpose only. Petrol price above has been taken of Mumbai, source: https://economictimes.indiatimes.com/wealth/fuel-price/petrol. Other data are based on internal research.
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WANT TO PLAN FOR YOUR RETIREMENT?

Use our SIP calculator to find out how much you need to invest to live the life you wish to post-retirement.

WANT TO PLAN FOR YOUR RETIREMENT?

Use our SIP calculator to find out how much you need to invest to live the life you wish to post-retirement.

Yrs
Yrs
Yrs
My total monthly expense is
₹ 25,000
Amount you have already invested
₹ 5,00,000

For your dream retirement, you will require a corpus of ₹ 1,52,62,796 in 30 years. Your current investment of  ₹ 50,000 may appreciate to ₹ 14,97,996 assuming 12% rate of return. You will require to accumulate an additional amount of ₹ 1,37,64,800 to fund your retirement.

Here’s how you can generate this additional amount
Here’s how you can generate this additional amount

SIP

₹ 3,938

Lumpsum

₹ 4,59,440

SIP

₹ 3,938

Lumpsum

₹ 4,59,440
Need assistance? Click here
The above Investment simulation, based on assumed rate of return(s) of
and inflation rate of
,is for illustration purpose only and should not be construed as a promise on minimum returns and safeguard of capital. KMAMC is not guaranteeing or promising or forecasting any returns. SIP does not assure a profit or guarantee protection against loss in a declining market.
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STEPS TO BUILD A RETIREMENT CORPUS
retirement-mobile
First slide

1

Determine your monthly expenditure

Calculate the amount you will need every month to take care of your day to day expenses.

retirementmonthlyexp
retirement-duration

Ascertain your retirement duration

Retirement duration is the difference between ‘Life Expectancy’ and ‘Retirement Age’. For example, if you want to retire at the age of 60 and expect to live till 80, your retirement duration is 20 years.

2

3

Prepare for your retirement plan early

Planning for retirement should be done from the time you start earning. So, start investing since the beginning of your earning period to enjoy a healthy & wealthy retirement

retirement_planner
retirement_corpus

Decide retirement corpus

Once you know your monthly expenditure and retirement duration, calculate the inflation adjusted corpus that you will need to fund the total expenditure during your retirement.

4

5

Ascertain SIP amount

To arrive at the amount that you should invest periodically, determine your expected return & risk to arrive at a suitable asset allocation.

retirement_sipamount
retirement_regularly

Keep investing regularly

To harness the power of compounding, keep investing regularly with discipline.

6

7

Review & rebalance periodically

Periodically review your investment to manage asset allocation, keeping the risk level in check and goal on track.

retirement_periodically
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© Kotak Mutual Fund.2022
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
© Kotak Mutual Fund.2022
Mutual fund investments are subject to market risks, read all scheme related documents carefully.