Example plans

A FIRE plan for a family of four

A 35-year-old earning ₹3.5 lakh a month after tax has two children, aged 6 and 2. The plan pays for school, an Indian degree and a postgraduate course for each, and their weddings, all rising with education inflation.

Earliest retirement age, by household spending (excluding the children)

Children's education is the cost most plans underestimate: fees rise faster than prices, and college arrives just when you hope to stop working. The calculator spreads each course over the years it is paid, rather than one lump sum.

The assumptions

• Age 35, money has to last until 90.
• Take-home pay ₹3.50 L a month, rising 2% a year above inflation until retirement.
• Household spending ₹1.20 L a month in today's money, 90% of it after retiring.
• SIP ₹1.20 L a month, raised 5% a year.
• Health insurance ₹50k a year, out-of-pocket medical costs from 70, and a 3% yearly chance of a ₹10.0 L bill insurance won't cover.
• Equity returns 11% a year on median with 22% volatility, inflation 6%, 90% confidence, New Regime tax.

All numbers come from the same engine as the calculator, run over 1,000 market histories. See how it works for the defaults and their sources.

Open this plan and change it

This is an illustration, not advice. Your own numbers will give a different answer.