Can I retire solely on my FD corpus?
Assess whether relying on your Fixed Deposit corpus can sustainably fund your retirement withdrawals.
FD-Based Retirement Calculator: This calculator helps you estimate how much you need to invest in Fixed Deposits (FDs) to secure your retirement corpus. It considers the interest rate offered by FDs, your monthly contributions, and your retirement age target.
By entering your current savings, expected interest rate, and the retirement age, the calculator calculates whether your FD investments will be sufficient to meet your retirement expenses or if adjustments to your savings plan are needed. This helps you ensure a financially secure retirement, based on conservative growth projections.
