Calculate Your Retirement Corpus
Let us discuss your retirement planning in advance. This article is all about how to calculate the ultimate corpus you’ll need at your superannuation. No, this article isn't about FIRE (Financial Independence, Retire Early). --------------------- Figuring out your retirement number isn’t rocket science; it’s all about planning for your superannuation, with today’s numbers (a brute force method, you may call it). --------------------- If you’ve ever caught yourself pondering, “Exactly how much capital must I accumulate before I can finally stop trading my time for money?"; congratulations, you’re engaging in one of economics’ oldest puzzles: the art of surviving future uncertainty with present income. Retirement planning seems terrifying mostly because the future refuses to cooperate with our spreadsheets. Still, estimating your retirement corpus is, in theory, a straightforward exercise; you project your consumption, adjust for inflation (that polite term for your money’s s...
