HSL Mobile App 
Pension Calculator for Planning your Retirement
Are you stressing over whether your hard work and savings will suffice for your lifestyle post-retirement? Retirement planning is the planning one does to prepare for life after paid work ends, not just financially but in all aspects of life. A retirement planning calculator requires basic inputs from you to determine the yearly allowance that will be required post-retirement. A pension calculator helps you draw a financial plan based on your target goal. Use our retirement calculator and save for the kind of retirement you have in mind.
Retirement plans are highly personalized and there are various classifications of retirement plans. A retirement savings calculator would determine the savings per month required until retirement, in order for the post-retirement annuities to support the desired lifestyle. One can use an online retirement calculator to get that ideal number that suits them. Retirement schemes and types often vary as per country of residence, and hence retirement calculator India should be used to assess retirement schemes offered for citizens of India. However, the pension plan calculator would also need to factor in the nature of the investor and risk profile i.e. whether you are a conservative, moderate or aggressive investor. For instance, the pension plan calculator suggests that conservative investors can pursue insurer-sponsored plans that invest solely in debt. But online retirement calculator suggests that moderate investors can also pursue National Pension Schemes that invest 50% in equity and 50% in debt and aggressive investors can pursue Mutual Fund investments. However, this online pension calculator should not be construed as 100% accurate as this is solely dependent on the inputs provided by the investor and should be considered purely as an indication. Retirement plan is calculated considering your present expenses. The corpus is created assuming 75 years of life expectancy, inflation rate of 6%(till retirement), 20% reduction in expenses post retirement and the rate of return as per your investment style. Projection calculations are assumed at a pretax rate of 12.5% p.a. for conservative; 14.5% p.a. for moderate and 17% p.a. for aggressive investments (till retirement).The allocation is equal over the categories.
