Retirement Planning
Retirement planning — corpus calculation, inflation-adjusted income needs, EPF, NPS and pension options and withdrawal strategy.
- Estimate Cost
- ₹5,000 – ₹50,000
- Typical duration
- 10 days
Service overview
- Retirement Planning helps you build a dedicated retirement corpus and establish steady post-retirement cash flows
- By factoring in inflation, rising healthcare costs, life expectancy, and tax-efficient withdrawal strategies, this service ensures you maintain financial independence throughout your golden years
Who needs it? / When is it needed?
- Salaried Professionals & Executives: Individuals aiming for an early retirement (FIRE) or seeking to supplement EPF/NPS accumulations.
- Self-Employed Individuals & Business Owners: Entrepreneurs without formal pension plans who need to create private retirement funds.
- Pre-Retirees (Ages 45–55): Individuals approaching retirement who need to secure their target corpus and plan tax-efficient income withdrawals.
What to expect from the WCP Professionals
- Diagnose Retirement Target Corpus: WCP professionals calculate your personalized retirement corpus target based on current expenses, inflation projections, and post-retirement life goals.
- Audit Existing Pensions & Holdings: WCP professionals evaluate your current Provident Fund (EPF/PPF), National Pension System (NPS), annuities, and existing liquid assets.
- Execute Asset Accumulation Strategy: WCP professionals build a high-growth, inflation-beating asset allocation plan (Equity, NPS, Mutual Funds, Fixed Income) for your accumulation phase.
- Fix Withdrawal & Pension Structures: WCP professionals set up Systematic Withdrawal Plans (SWP), laddered fixed-income deposits, and annuity options to ensure tax-efficient monthly income after retirement.
- Review & Portfolio Adjustment: WCP professionals conduct annual reviews, progressively shifting capital from growth assets to wealth-preservation channels as retirement nears.
- Final Delivery: You receive a Master Retirement Blueprint, Pension Income Projection Model, and Execution Dashboard.
Key deliverables
- Comprehensive Retirement Corpus & Inflation Diagnostic.
- Custom Retirement Accumulation & Asset Allocation Strategy.
- Post-Retirement Pension & Systematic Withdrawal Plan (SWP).
- Annual Progress Review & Risk Mitigation Schedule.
Standard turnaround time
- Retirement Audit & Strategy Plan: 5 to 7 working days.
- Portfolio Setup & Execution: 7 to 10 working days.
Government fees, timelines & key outcomes
- Government Fees: Nil (Advisory service).
- Statutory Timelines: N/A.
- Key Outcomes: Clear roadmap to an inflation-adjusted retirement corpus and guaranteed monthly post-retirement income.
Forms & filings involved
- National Pension System (NPS) Opening & Registration Forms.
- SWP
- Pension Mandate Applications with Asset Management Companies.
Documents required
- PAN Card and Aadhaar Card.
- Existing EPF, PPF, NPS, and pension account statements.
- Current monthly household expense details and medical insurance records.
What we need from you
- Target retirement age and expected post-retirement lifestyle preferences.
- Accurate details of current monthly expenses and employer pension contributions.
Important conditions
- Retirement projections rely heavily on long-term inflation estimates and disciplined contribution schedules.
- Tax rules regarding retirement withdrawals (NPS, EPF, Gratuity) apply as per the current tax regime.
Additional information
Tax assumptions should be refreshed regularly because tax rules can change.
The estimated cost covers indicative professional fees only. Government fees, stamp duty and taxes are payable at actuals.
How it works
- 1. Raise a service enquiry describing your requirement.
- 2. A Relationship Manager reviews it and opens it for bidding.
- 3. Pay into escrow and assign the professional you select.
- 4. Track progress to completion, then accept and release payment.
Frequently asked questions
How much do I need to retire?
Enough to fund inflation-adjusted expenses for your expected retirement years, after counting pensions and other income.
Is NPS good for retirement?
NPS offers low-cost, market-linked retirement savings with tax benefits; part of the corpus must be used for an annuity at exit.
When should retirement planning start?
As early as possible — the longer the time horizon, the less you need to save each month.
How should retirement savings be withdrawn?
Through a planned mix of income and growth assets so the money lasts, considering tax on withdrawals.