Retirement Planner Beginners Version

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    Instructions and Notes

    2. The worksheet is not protected so make a copy before proceeding

    3. The sheet calculates annual annuity payable at the beginning of the year

    4. investment for retirement is assumed to be made at the beginning of the month

    5. The sheet assumes the investment for ret. will begin in an of the ne!t year.

    If you are already investing on a monthly basis you could e!pect a bigger corpus.

    "ou could include this nformation suitably in the #amt. inv. $o far# cell

    Comments, criticism, specific ways to improve the calculations and your thoughts on

    goal plannning are welcome. M. Pattabiraman [email protected]

    %. &ill only cells in green

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    Current year 201

    !ge at the end of current year 2

    "o of years you e#pect to wor$ %0

    Current monthly e#penses 1000

    &ther !nnual e#penses 10000 Incluoverestimate e#penses for safety by ' 10.00' This

    (#pected inflation after retirement ).0' ,o n

    (stimated years in retirement 2 ,on-t

    "et *ate of interest for monthly investment 11.00' $ome

    !nticipated post+retirement rate of interest .0'

    !mount invested so far -end of current year 00000

    rate of interest for this amount 11.00'

    !nnual increase in monthly investment 10.00' This i

    /hen you retire amt invested so far will grow to 111)

    Current e#penses per month -annual12 11 6ver3otal Corpus *e4uired ),)),1

    "et corpus to be saved ,0,%52

    (stimated ta# rate on monthy pension 1' +stim

    Pre+ta# monthly pension in 1st year of retirement 221,%)%

    Post+ta# monthly pension in 1st year of retirement 21),1 7initi

    9etirement :lanner 0&ill only cells in green

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    esu tsInitial monthly investment re/uired 7 9s.;'32

    Increasing each year by %

    e e!penses like vehicle service charges' ()*s on appliances etc. mediclaiill be added to your current e!penses now it self. I use this more as a safet

    t underestimate. Numbers will be rosy if you underestimate

    underestimate +specially if you wish to retire soon.

    component of your investment would go to e/uity 01 and rest to debt i

    s the most important parameter. If you don-t stick to this the plan each year

    stimate by %. 0entry in cell

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    premium. +!clude life insurance premiumbuffer

    strument. $o this rate is an average value

    pto retirement' the plan will fail

    f you don-t need this

    t ta! slab 8 likely post8retirement scenario

    0

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    Current year 2012

    !ge at the end of current year %)

    "o of years you e#pect to wor$ 2

    Current monthly e#penses %0000

    &ther !nnual e#penses 000 Incluoverestimate e#penses for safety by ' 10.00' This

    (#pected inflation after retirement ).0' ,o n

    (stimated years in retirement 2 ,on-t

    (4uity alloc. -rest is ta$en as debt 0.0'

    (4uity rate of interest -*o6 10.0'

    7ebt rate of interest ).0'

    !nticipated post+retirement rate of interest ).0'

    !mount invested so far -end of current year 1)00000

    rate of interest for this amount ).00'

    !nnual increase in monthly investment 1%.00' This i/hen you retire amt invested so far will grow to 1%)11

    Current e#penses per month -annual12 %%) 6ver

    "et rate of interest -pre+retirement 5.20'

    "et corpus to be saved 10,11,2

    (stimated ta# rate on monthy pension ' +stim

    Pre+ta# monthly pension in 1st year of retirement %)2,5%2

    Post+ta# monthly pension in 1st year of retirement %1,%1 7initi

    Corpus before ta# deduc. e#cl. passive income 121,5,2%

    Corpus after ta# deduc. e#cl. passive income 121,5,2%

    9etirement :lanner 0&ill only cells in green

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    esu tsInitial monthly investment re/uired 7 9s.%;'5

    Increasing each year by %3

    e e!penses like vehicle service charges' ()*s on appliances etc. mediclaiill be added to your current e!penses now it self. I use this more as a safet

    t underestimate. Numbers will be rosy if you underestimate

    underestimate +specially if you wish to retire soon.

    s the most important parameter. If you don-t stick to this the plan each year

    stimate by %. 0entry in cell

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