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POSTED BY ON November 6, 2011 8:38 pm COMMENTS (3)
Hi Manish,
I am trying to do some finacnial planning and was trying to calculate the corpus that I would need for my retirement.
I found two calculators on your website, one in excel format located at – http://public.sheet.zoho.com/public/manish.pucsd/retirement-calculator
And, the other one which is online located at – https://www.jagoinvestor.com/calculators/html/Retirement-Calculator.html
I wonder both are giving me varied results and disparity is of more than 40%.
I was wondering if I am making a mistake somewhere or one of the calculator is outdated etc.
Pls. guide. Awaiting your response.
P.S. – JagoInvestor is simply beyond amazing and doing a pretty good job in keeping investors informed.
Thanks.
Kapil.
2021 © Jagoinvestor.com All Right Reserved
Cool. Thanks for a prompt reply.
JagoInvestor actually “Jago-fied” me and hence, I have started with my financial planning.
Would definitely be having many questions over a period of next weeks, and I would be taking the help of this forum.
Just so you know, the “action-month” yielded me 3 term policies for me and my family.
Highly appreciated.
Kapil Malhotra
Kapil
Good to hear that .. congrats for taking some action 🙂
Kapil
Actually both are same kind of calculators and there is no discrepency . The one at https://www.jagoinvestor.com/calculators/html/Retirement-Calculator.html is more accurate and detailed .
This one has two additional parameters like “increse in salary per year” which is absent in the zoho calculator , also the returns for pre-retirement and post retirement are there in the first calculator where as in zoho one its taken as one itself ..
Zoho calculator is pretty old which i made when i was “kid” 🙂 . So please use the https://www.jagoinvestor.com/calculators/html/Retirement-Calculator.html
Manish