Why not just inflate today's total household spending?
Because costs can change structurally. Education, loans and work-related commuting may disappear, while healthcare, travel or domestic assistance may rise. Detailed Planner lets you model those changes separately.
What does “today's rupees” mean?
It means the purchasing-power value today. In Detailed Planner, enter what an expense or future goal would cost today; the model then applies the inflation assumption to future cash flows.
Should I include my home-loan EMI?
Yes if you currently pay it. In Detailed Planner, use “Ends at age” and enter the expected payoff age. If it ends before retirement it will not be carried into the retirement budget.
How should I model school fees?
Enter the current monthly amount, assign education inflation if appropriate, and use “Ends at age” for the age when you expect that cost to stop.
How do I enter healthcare?
Enter today's monthly healthcare-related spending and select healthcare inflation. You can also use “Change at retirement” if you want the starting retirement healthcare budget to be higher or lower than today.
How should I enter a pension or rental income?
Use Retirement Income in Detailed Planner. Enter the monthly amount expected when it starts, the starting age and any assumed annual increase.
What is the safety buffer?
It is an additional percentage added to the modelled retirement corpus. It is not a guarantee and should not be confused with a probability of success.
Why does the calculator use a constant return?
V2.2.2 is a deterministic planning model. A constant assumption makes the calculation transparent, but real markets are volatile. Sequence-of-returns and Monte Carlo analysis are not yet included.
Does the calculator include tax?
Not automatically. Taxes depend on account type, income source, tax law and individual circumstances. Treat taxes as an additional planning consideration and consult a qualified professional when needed.
Where is my saved plan stored?
If you click “Save plan on this device,” the plan is stored in your browser's local storage. There is currently no RetireWise user account or cloud database.
Does RetireWise guarantee that my money will last?
No. Results are estimates based on the assumptions you enter. Inflation, returns, taxes, healthcare costs, longevity and market conditions can differ materially.
Build a plan around your own assumptions.
Use Quick Estimate for speed or Detailed Planner to model expenses that end, rise or change after retirement.