Method 2: Calculating ‘Backward’ This is a more involved calculation, but also more accurate, so even if you don’t understand all of it, follow the steps with a spreadsheet in front of you. As before, write down, in current rupees, your expected annual expenses after retirement. Use the same guidelines that were laid out in Method 1. Write down an annual rate of return that you are confident of earning from your corpus. (For simplicity, enter 12 per cent for now.) Write down the expected rate of inflation throughout your retirement. (For simplicity, enter 10 per cent for now.) Subtract the
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