Recurring deposit calculation... (BEFORE 60) Say your age is 30 and started thinking about retirement plans and pensions. Though there are many options out there, but lets do some calculations by taking the safest route of saving/investing money for our retirement and which is NOT SUBJECT TO MARKET RISK i.e., Recurring Deposit or Fixed Deposit or Public Provident Fund. Say you wish to retire at the age of 60. Thus, 30 more years to work and receive your paychecks. Say you will live for 100 years. Thus, you need pension money for 40 X 12 = 480 months Say you want 100,000 INR per month as a pension. Thus your bank account should have 100,000 X 40 X 12 = 4,80,00,000 (4 crores 80 lakhs) ...at the age of retirement (60) Say you use the recurring deposit mode for saving and reaching the target of 4 crores and 80 Lakhs. So how much you should invest per month in your recurring deposit? I used this calculator online: http://rd-calculator.in/ Maturity Amount:...