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Life Insurance Need Calculator
1. Take life expectancy more than 80 years.
2. Expected Returns above inflation- Do not take more than 1%-2% -
Surrender or Continue Calculator
1. Use this calculator only for traditional insurance policies.
2. Take Mutual Fund Returns as follow
* If the policy remaining term is more than 10 years - 10%
* If the policy remaining term is between 5-10 years -9%
* If the policy remaining term less than 5 years - 6% -
Child Education Calculator
1. Take Education Inflation as 8% if You are an Indian Resident
2. Take marriage inflation as 6% if You are Indian Resident.
3. Take education inflation according to your country of residence if you are an NRI.
4. Take Mutual Funds returns as follow
* Goal More Than 10 Years - 10%
*Goal Between 5-10 Years -9%
* Goal Less than 5 Years - 6% -
Sukanya Samriddhi Yojana Calculator
1. Annual Contribution should be between Rs. 250- Rs. 1.5 Lakhs
2. Take rate of return as 7% in the long run
3. Difference between expected marriage age and account opening age should not be more than 21 years -
Retirement Calculator
1. Take life expectancy more than 80 years.
2. Returns above inflation- Do not take more than 1%-2%
3. Better to take the following returns
* Debt Instruments -6%
* Equity Instrument -12%
* Mix of Equity and Debt - 10% -
Fire Retirement Calculator
1. Take life expectancy more than 80 years.
2. Returns above inflation- Do not take more than 1%-2%
3. Better to take the following returns
* Debt Instruments -6%
* Equity Instrument -12%
* Mix of Equity and Debt - 10% -
PF Accumulation at Retirement Calculator
1. Take annual hike in basic pay as 5% in the long run.
2. Take expected returns as 6% in the long run.
3. Subtract the EPS amount from the monthly contribution or check your salary slip for exact value, -
NPS Calculator
1. Annuity - Time Period in Years for which you want to withdraw monthly pension.
2. If you withdraw at 60 years or more, you must use at least 40% of the corpus to buy an annuity.
3. If you withdraw before 60 years, you must use atleast 80% of the corpus to buy an annuity.
4. Annuity Returns - Do not Take more than 5%-6%.
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PPF Accumulation Calculator
1. Take expected returns for long term as 6%.
2. Extension is available only for Indian Residents. -
HRA Calculator
1. Four factors which decide your eligibility for House Rent
*Actual HRA received by you
*Actual Rent paid by you
*Your city of residence
*Your salary (Basic Pay & DA) -
Second house for investment calculator
1. Do not take appreciation in house value more than 6%. It would be highly optimistic.
2. Do not consider rent per annum as more than 2%-3% of your property value.
3. Do not take mutual funds returns as more than 10%-12% to be on safer side.
4. Assuming 2 Lakhs deduction for interest paid on the home loan.
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RD and SIP Calculator
1. Take Mutual Fund Returns as follow
* Tenure Less than 5 Years - 6% - Invest in Debt Funds
* Tenure 5-10 Years - 9% - Invest in mix of Equity and Debt Funds
* Tenure more than 10 years -10% - Take higher equity and less debt
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