Calculating a retirement pension plan involves estimating the amount of money you will need to have saved up by the time you retire in order to maintain your desired lifestyle and cover your expenses. Here's a general step-by-step guide to help you calculate your retirement corpus:
Remember that calculating a retirement corpus is not an exact science and involves making assumptions about factors like inflation, investment returns, and your own circumstances. It's a good idea to consult with a financial advisor or you can evaluate your expenses using a retirement pension calculator to create a more personalized retirement plan based on your specific situation and goals.
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August 2023
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