Close Button Close Button
X
NRI Services Helpline

Calling FromPhone Number
Calling us from INDIA+91 20 6712 1212
Rest of the World+91 20 6787 1700

Plan for your Golden (Retirement) Years

This calculator helps you estimate the potential value of your regular investments over time, factoring in periodic withdrawals. With consistent contributions and planned withdrawals, SISO allows you to balance your long-term growth with regular cash flow.

Enter below details to know your Investment Amount

All fields are Mandatory

Please enter your name
Please enter your mobile number
I agree and consent to the Terms & Conditions and the Privacy Policy
Please agree to Terms and Conditions

Calculate Your Returns

Let us know your current age

Years

Min: 18 years

Max: 60 years

At what age do you plan to retire?

Years

Min: 25 Years

Max: 80 Years

How much inflation do you expect?

%

Min: 0%

Max: 13%

What is your current monthly expense amount? tooltip
This will be used to calculate your inflation adjusted monthly expenses after you retire
₹

Min: ₹50,000

Max: ₹2 Crore

Choose expected rate of return (Pre retirement)

%

Min: 4%

Max: 35%

Choose expected rate of return (Post retirement)

%

Min: 4%

Max: 35%

Plan for your Golden (Retirement) Years
This calculator helps you estimate the potential value of your regular investments over time, factoring in periodic withdrawals. With consistent contributions and planned withdrawals, SISO allows you to balance your long-term growth with regular cash flow.
Let us know your current age
Min: 18 years Max: 60 Years
Minimum amount is 1 Lakh
At what age do you plan to retire?
Min: 25 years Max: 80 Years
Minimum years is required
How much inflation do you expect?
Min: 0% Max: 13%
What is your current monthly expense amount?
Min: ₹50,000 Max: ₹2 Crore
Choose expected rate of return (Pre retirement)
Min: 4% Max: 35%
Choose expected rate of return (Post retirement)
Min: 4% Max:35%
At ,your monthly expense would be ₹ 10,000
Your required corpus at retirement would be
₹ 9,73,433
For which, your monthly investment requirement is
₹ 9,73,433

Bajaj Life Insurance Goal Assure

A New Age ULIP For Life Maximizers

Explore SISO Plans
Explore Systematic Investment Plans
X
Terms & Conditions

I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business

 

Please refer to BALIC Privacy Policy

X
Disclaimer

%%Above illustration is for Bajaj Allianz Life eTouch- A Non-Linked, Non-Participating, Individual Life Insurance Term Plan (UIN:116N172V04) considering Male aged 24 years | Non-Smoker | Policy Term(PT)– 30 years | Premium Payment Term (PPT)– 30 years | Sum Assured opted is Rs.1,00,00,000 | Online Channel | Standard Life | 1st Year Premium is Rs. 6,051. 2nd Year onwards premium Rs. 6,460. Total Premium Paid is Rs. 1,93,391 | Medical Rates | Yearly Premium Payment Mode | Death benefit opted is lumpsum payout and monthly instalments (Lumpsum Payout Percentage: 45, Income Payout Percentage:55) | Premium shown above is inclusive of Online Discount only and exclusive of Goods & Service Tax/ any other applicable tax levied, subject to changes in tax laws, and any extra premium and is for illustrative purpose only.

##Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.Above Tax benefit is calculated considering deduction of Rs. 150,000 and applicable tax rate of 31.20%.

@Term Insurance plan bought online directly from Bajaj Allianz Life Insurance has no commissions involved.

^^The Return of Premium amount is total of all the premiums received, exclusive of extra premium, rider premium and GST & /any other applicable tax levied, subject to changes in tax laws
Bajaj Allianz Life Insurance Co. Ltd. | IRDAI Reg. No. 116

X
Disclaimer

Bajaj Allianz Life eTouch- A Non Linked, Non-Participating, Individual Life Insurance Term Plan (UIN: 116N172V04)

*Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.Above Tax benefit is calculated considering deduction of Rs. 150,000 and applicable tax rate of 31.20%.

~Individual Death Claim Settlement Ratio for FY 2023-2024

1Premium Holiday has to be selected at inception to avail this benefit and also depends on other policy terms & conditions


Bajaj Allianz Life Insurance Co. Ltd. | IRDAI Reg. No. 116


Get Your Life Goals, Done!

Tailored Life Insurance Solutions for your long-term Life Goals.

Term Insurance
Term Insurance
Ulip Plans
ULIP Plans
Savings Plans
Savings Plans
Guaranteed Return Plans
Guaranteed Return Plans
Retirement Plans
Retirement Plans
Child Plans
Child Plans
Written ByPalak Bagadia
AboutPalak Bagadia
LinkedIn Icon
Palak Bagadia, Associate – Digital Marketing at Bajaj Allianz Life, with experience spanning content and performance marketing, recruitment, employee engagement in the BFSI industry, with a strong understanding of the insurance sector.
Reviewed ByRituraj Singh
AboutRituraj Singh
LinkedIn Icon
Rituraj Singh,With over 6.5 years of experience in the insurance industry, Rituraj Singh, Manager- Product & Brand Marketing at Bajaj Allianz Life Insurance overlooks new product launches, compliance, and brand projects, leveraging artificial intelligence and technology to enhance outcomes.
Written on: 25th July 2025
Modified on: 29th July 2025
Reading Time: 20 Mins
Share
left arrow icon right arrow icon

Why is Retirement Planning Essential?

Retirement planning is essential for the following reasons –

  1. Limited income:

    After retirement, your income might stop altogether. Even if it exists, the amount might be less. Due to this reason, you might need a retirement fund to meet your everyday financial expenses easily.


  2. Higher expenses:

    In your golden years, lifestyle expenses might rise because of inflation ,medical reasons etc. To meet such high expenses, prior planning is essential to create a corpus meant for retirement.


  3. Estate planning:

    You might want to leave behind assets for your loved ones after your demise. To do so you would have to create a retirement corpus, which would not only take care of your expenses in your golden years but would also be sufficient to create assets for your loved ones.


  4. Financial independence:

    Planning for a retirement corpus gives you financial independence. You would not have to depend on anyone for your financial needs when you have a corpus at your disposal.

Retirement Planning Calculator

While retirement planning is essential, it is equally important to create a corpus which would be sufficient enough to meet your lifestyle expenses and give you financial independence. To calculate this corpus and how much you should save to accumulate it, a retirement calculator can help.

The retirement planning calculator is an online tool that helps you estimate how much savings are required to create a suitable retirement corpus. To use the calculator, you need to enter the following details –

  • Monthly spending
  • The number of years for which you are planning to work
  • The number of years for which you would require the corpus to cover your expenses after retirement
  • Expected rate of inflation
  • Expected rate of return on savings

Based on these details, the calculator would calculate the retirement corpus needed when you retire. You can also find out how much you should save to accumulate the calculated retirement corpus and the life insurance plan that would help you do the same.

Conclusion

Retirement is called the golden years of your life because  you are free from  major responsibilities and you can relax. However, to enjoy retirement, you need to plan in advance, when you are still working, so that you can save and create a retirement corpus to help with your expenses in your golden years.

The retirement calculator makes the task easier by estimating the corpus needed after retirement and how to save up for the same. So, use the retirement calculator and start planning for retirement as early as possible to enjoy a comfortable life in your golden years.

Frequently Asked Questions

1. When should I start planning for retirement?

It is recommended to start planning for retirement as early as possible. This is beneficial for two reasons. One, you can save small and affordable amounts regularly without pinching your pockets. Two, when you give your savings time, the power of compounding helps build a good corpus, which might prove sufficient to meet your expenses after retirement.

2. Can I change my annuity payout frequency later?

Yes, annuity plans allow you the flexibility of changing the annuity payout frequency later on if required, subject to policy terms and conditions.

3. Are there tax benefits associated with retirement plans?

The premium that you pay for an annuity plan qualifies for a deduction under Section 80C. The annuity received from the plan would be taxable in your hands.

4. What happens if I surrender my retirement plan before maturity?

You might get a surrender value under the retirement plan, depending on the type of policy selected and the number of years for which you paid the premium. You can check the surrender clause in the retirement plan to find out how much you can receive.

5. Can I take a loan against my retirement plan?

Traditional deferred annuity plans might offer a loan facility after the policy acquires a surrender value. However, if you choose immediate annuity plan, loans might not be allowed.

6. What is the difference between immediate and deferred annuity plans?

Under immediate annuity plans, the annuity payout starts immediately after you buy the policy and pay the premium . Under deferred annuity plans, however, you get a policy tenure over which you can pay the premiums to accumulate the retirement corpus and the annuity payouts start on a later date .

Read All

Customer Reviews

Customer Rating
4.3
4.3
Reviews by 3124 customers
Rate & Review

(Rate your experience on the website)

Please select the rating to proceed

Close Icon

Tell us how was your experience ?

1. Easily found what I needed

2. Information provided are clear and easy to understand

3. Look and feel of the website is attractive

4. Easy to download all relevant documents

5. User friendly website

6. Write Your Review

500 characters remaining
I agree and consent to the Terms & Conditions, Privacy Policy
×

Terms & Conditions

I hereby authorize Bajaj Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business

Please refer to BALIC Privacy Policy

Checked Thanks Icon

Thank You.

Your review has been submitted successfully.

Go Back

Customer Speaks

Happy with the services
I have invested in various products of Bajaj Allianz Life Insurance - I am happy with the services, returns and diversified product portfolio.
Rashmi Bhavnani
5
Satisfied, Trust
I am a happy customer who is satisfied with the after sales service. I have full trust in Bajaj Allianz Life Insurance Company.
Shrikant A Karande
5
Happy with the returns
I was introduced by my advisor to invest in Bajaj Allianz Life Insurance .I have invested in the same and am happy with the returns and services.
Kavita Goplani
5
Very Happy
I am a 7 year old customer of Bajaj Allianz Life Insurance and very happy about the services.
Dhruv Soni
5

Life Insurance Guide

  • Articles

  • Calculators

  • Podcasts

  • Videos

Search Symbol

Why Should You Invest In SIP

We all have various financial obligations like daily needs, school fees, and short trip with family or buying a fancy gadget where we require onetime payment for which money

How To Diversify Your Portfolio?

It is because a balanced meal contains all the important nutrients that your body needs and that too in the right quantity.

3 Types Of Investment And Insurance Plans

From the time you start earning, the chances of accumulating funds are higher. However, the savings habit inculcated in Indians overlooks the benefits of

Investment Tips to Stay Financially Fit for Long Term

When it comes to money, having ups and downs in dealing with it may be something you should expect. However, it may be the bigger picture that truly matters.

Child Education Planning Tool

A simple to use and comprehensive tool to plan for your child's education.

Term Insurance Calculator

An easy to use Term Insurance calculator to determine the right life cover amount as per your needs.

Savings to Life Goals Convertor

Use this calculator to know how savings from regular expenses can help you achieve your Life Goals.

Financial Fitness Calculator

Get to know your Financial Fitness Score by answering few simple questions.

Immunity Score Calculator

Use our immunity calculator to find out your immunity score in just a few clicks!

ULIP Calculator

Know the amount to invest today to have the corpus to accomplish your Life Goals tomorrow.

Power of Compounding Calculator

Get an estimate of how much your investment will grow over a period of time.

Income Tax Calculator

Know your income tax based on the taxable income and explore Life Insurance plans to save more tax.

Child Plan Calculator

A simple to use calculator that helps you plan for fulfilling your Child's Life Goals.

Retirement Calculator

Calculate the amount you need to invest today to accomplish your retirement life goals.

Investment Calculator

Answer a few simple questions to know estimated corpus you will have to fulfil your Life Goals.

Body Mass Index (BMI) Calculator

Body Mass Index (BMI) is a measure to understand whether your body weight is healthy as per your height.

SIP Calculator

Plan your investments effortlessly and achieve your financial goals with our easy-to-use SIP Calculator

How to Retire Rich

ft. Mr. Sameer Joshi, Chief Agency Officer, discussing how to manage finances for financial freedom.

Decoding Union Budget FY24

Mr. Sampath Reddy, Chief Investment Officer, shares his views on the Union Budget 2023.

Will Writing Simplified

Mr. Dheeraj Sehgal, CDO – IB & Mr. Jatin Popat, WillJini discuss Will Writing & Succession Planning.

Buidling Wealth with SISO

ft. Mr. Ajay Rajvanshi, Sr. EVP, as he shares his views on building wealth with SISO.

NRIs and Investment in India

Mr. Rajesh Krishnan, COO, discusses immense investment potential of India for NRIs.

Life Insurance Made Easy | Policy Admin Charges

Explore the management of life insurance processes with Policy Administration Charge in this video

Life Insurance Made Easy | Endowment

Wondering about combining life insurance and long-term savings? Explore Endowment Plan benefits and suitability here

Life Insurance Made Easy | Waiver of Premium

Discover how the waiver of premium provision can protect you from financial burdens in times of Death, critical illness or disability

Life Insurance Made Easy | Solvency Ratio

Discover the importance of solvency ratio for insurance companies and its implications in this insightful video

Close Button
Disclaimers:
Plus Symbol
Minus Symbol

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER

The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.

ULIPs are different from the traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

Tax benefits as per prevailing Income tax laws shall apply. Please check with your tax consultant for eligibility.

BJAZ-WP-ECNF-16125/25

© Copyright 2025. Bajaj Life Insurance Limited. All Rights Reserved.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS
IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
IRDAI Public Notice on Spurious calls
Fraud Prevention Tips
Fraud Awareness Booklet
Sabse Pehle Life Insurance
Bajaj Life Insurance Limited (Formerly known as Bajaj Allianz Life Insurance Company Limited). All Rights Reserved. | IRDAI Reg. No. 116 | An ISO 27001:2013 Certified IT Department
Contact Us

Sales: 022 6124 1800 | Service: 020 6712 1212

Email: customercare@bajajlife.com

Registered Office Address

Bajaj Insurance House, Airport Road, 

Yerwada, Pune, Maharashtra - 411006

Download Mobile App
Follow Us On
Life Insurance Plans
Tools & Calculators
Insurance Coverage Plans
Insurance for All
Affordable Term Plans
Policy Term Plans
Insurance Guide for Women
NRI Plans - Canada
NRI Plans - Singapore
NRI Plans - Saudi Arabia
NRI Plans - UAE
NRI Plans - United States
NRI Plans - Oman
NRI Plans - Qatar
NRI Plans - Kuwait
NRI Plans - Australia
NRI Plans - UK
Know More
Customer Service
Life Insurance Guide
Customer Support
Announcements
Distribution Channels List
Tools & Support

© Bajaj Life Insurance Limited (Formerly known as Bajaj Allianz Life Insurance Company Limited). All Rights Reserved. | IRDAI Reg. No. 116 | An ISO 27001:2013 Certified IT Department

CIN: U66010PN2001PLC015959 | Registered Office Address: Bajaj Insurance House, Airport Road, Yerawada, Pune - 411006, Maharashtra

Email: customercare@bajajlife.com | Customer Care No.: 020 6712 1212

Disclaimer: Images used on this website and the models photographed in them are for representative purposes only and are not indicative of anyone's personal thoughts or ideas.

The Logo of Bajaj Life Insurance Limited is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo.

Website Compatible Browsers: IE11, Firefox, Safari, Opera, Chrome

Disclaimer

For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. The names of the Company, Products/Plans/funds do not indicate the quality and its future prospects or returns. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values & the customer shall be responsible for his/her decision. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Goods and Services Tax will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.

This calculation and results displayed are based on information provided and certain assumptions about the rates of return. It is for assistance only and does not constitute an offer or solicitation. It is not intended to be and must not alone be taken as the basis for an investment decision. Kindly note that the returns are only illustrative and they are not guaranteed. The returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance. Bajaj Life Insurance Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information reported by the calculator.

1©2021 Morningstar. All Rights Reserved. The Morningstar name and logo are registered marks of Morningstar, Inc. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and its content providers; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates and procured from various sources. Morningstar, its affiliates, and its officers, directors and employees shall not be liable for any trading decision, damage or any other loss arising from using the Information. Please verify all of the Information before using it and do not make any investment decision, except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up

Disclaimer
close
Ask for an Agent
Sign up for personal visit and tailored advice from our expert agents

Claim Settlement Ratio of 99.29%~