2082/83 · EPF, CIT, SSF · Client-Side · No Data Stored
Retirement Calculator Nepal
Salaried employee, private-sector worker, or freelancer in Nepal: enter your current savings, EPF rate, CIT, and SSF contributions to see your projected corpus at 58, monthly pension estimate, and whether you are on track. All calculations run in your browser, your salary and savings data never leave your device.
Government-owned investment fund. Higher returns than EPF. Open to all Nepali citizens.
~10–12% p.a.
SSF · Samajik Suraksha Kosh
Social Security Fund
31% total contribution. Mandatory private sector. Monthly pension after 15+ years + health cover.
~8% p.a.
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Your Retirement Calculator
Enter your details, all figures in Nepali Rupees (NPR)
Personal Details
Current Age (years)
Retirement Age (default: 58)
Salary & Income
Monthly Basic Salary (NPR)
Rs
Expected Salary Growth (% per year)
Annual raise8%
3%Govt avg ~8%20%
Which savings schemes are you enrolled in?
Tap to select the schemes you contribute to. Not sure? Most government employees use EPF; private sector workers often use SSF. You can select more than one.
Personal Savings
Monthly Personal Savings (NPR)
Rs
Existing Savings / Investments (total today)
Rs
Retirement Lifestyle
Expected Monthly Expenses at Retirement (today's NPR)
Rs
Location at Retirement
Nepal Inflation Rate (% assumed)
NRB historical avg ~6.5%6.5%
4%6.5% avg12%
Personal Savings Return Rate (bank FD / mutual fund)
NIC/Bank FD avg ~8%8%
4%8% FD18%
0%Score
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Estimated Total at Retirement
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Amount You Need
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Monthly Income at Retirement
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4% withdrawal rule (adjusted)
Inflation-Adjusted Monthly Need
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Your Wealth Journey: Age Milestones
Retirement Corpus Breakdown: Where It Comes From
Monthly Expenses at Retirement
Savings Milestones: Are You on Track?
Your Action Plan
WHY MEROKALAM: RETIREMENT CALCULATOR FEATURES
🏦EPF, CIT and SSF
All three major Nepal retirement schemes calculated together so you see your total projected corpus at age 58.
📈Inflation Adjusted
Nepal-specific 6-8% annual inflation applied to projections so you see real purchasing power, not just nominal figures.
💰Pension vs Lump Sum
SSF monthly pension vs EPF lump sum compared side by side to help you understand your withdrawal options.
📊Readiness Score
See whether you are on track, slightly behind, or significantly behind for your target retirement age and lifestyle.
🎯Personalised Action Plan
Tailored steps based on your inputs: increase savings rate, add CIT contributions, extend working tenure.
🔒100% Private
Your salary, EPF rate, CIT amount and savings inputs never leave your device. No account or login needed.
Pro Tip: Local Expert Insight
Nepal's SSF requires 15 years of qualifying contributions for the monthly pension benefit to activate. If you have fewer than 15 qualifying years when you reach 60, SSF pays out as a lump sum instead. Many private-sector employees who switch jobs frequently miss this threshold without realising it until it is too late to fix.
Retirement Planning in Nepal: A Complete Guide
Retirement planning is one of the most neglected financial topics for Nepalis. Unlike Western countries with robust pension systems, Nepal's retirement security depends heavily on individual savings, family support, and participation in formal schemes like EPF, CIT, and SSF. With Nepal's life expectancy rising to 71 years and urban cost of living increasing 6–8% annually, planning early is critical.
Nepal's Three Major Retirement Schemes
1. Employees Provident Fund (EPF / Karmachari Sanchaya Kosh)
EPF is Nepal's oldest and most widely used formal retirement scheme. Employees contribute 10% of basic salary, employers match with another 10%, a total 20% of basic salary going into your retirement account monthly. The current interest rate is approximately 8.5% per annum. Upon retirement at 58, you receive the full accumulated amount as a lump sum.
CIT is a government-backed investment fund that historically delivers 10–12% annual returns, significantly higher than bank fixed deposits. Both salaried employees and self-employed individuals can contribute. CIT offers a regular savings scheme (Niyamit Bachat Yojana) where contributions are invested in a diversified portfolio of Nepali stocks, bonds, and real estate.
3. Social Security Fund (SSF / Samajik Suraksha Kosh)
Established under the Social Security Act 2074, SSF is mandatory for private sector workers. Total contribution is 31% of basic salary (11% employee + 20% employer). After contributing for 15 or more years, workers receive a monthly pension, a major advantage over EPF's lump sum. SSF also provides medical insurance (up to Rs 1 lakh/year) and accident/disability coverage.
How Much Do You Need to Retire in Nepal?
Location
Monthly Expenses
Annual Need
Corpus Required (25x)
Kathmandu Valley
Rs 80,000–1,20,000
Rs 9.6–14.4 lakh
Rs 2.4–3.6 crore
Pokhara / Major City
Rs 55,000–80,000
Rs 6.6–9.6 lakh
Rs 1.65–2.4 crore
Town / Semi-urban
Rs 35,000–55,000
Rs 4.2–6.6 lakh
Rs 1.05–1.65 crore
Rural Nepal
Rs 20,000–35,000
Rs 2.4–4.2 lakh
Rs 60 lakh–1.05 crore
These figures assume inflation-adjusted calculations using Nepal's average 6.5% inflation rate. The "25x rule" (saving 25 times your annual expenses) is based on a sustainable 4% annual withdrawal rate.
The Power of Early Saving in Nepal
Starting at 25 vs 35 makes a dramatic difference due to compound interest. Saving Rs 5,000/month from age 25 to 58 (33 years) at 8% annual return gives approximately Rs 95 lakh. Starting the same at 35 to 58 (23 years) gives only Rs 44 lakh, less than half, despite only 10 fewer years.
Common Retirement Mistakes Nepalis Make
Relying solely on children: Joint family tradition is changing, and urban children increasingly cannot support retired parents financially
No formal scheme participation: Over 70% of Nepal's workforce is in informal sector with no EPF/SSF coverage
Withdrawing EPF early: Many workers withdraw EPF when changing jobs instead of keeping it growing
Underestimating inflation: Rs 50,000/month today will need Rs 1.5 lakh/month equivalent in 25 years at 6.5% inflation
No investment diversification: Keeping all savings in bank accounts at 5–6% while inflation erodes purchasing power
Not accounting for healthcare: Medical costs are the biggest retirement expense shock in Nepal
Frequently Asked Questions
58 years for Nepal government civil servants (civil service act 2049). 60 years for Nepal Army, Nepal Police, Armed Police Force. Public enterprises generally follow 58. Private sector retirement age is not legally mandated, though most companies follow 58–60. Some professionals like university professors retire at 63.
EPF accumulates 20% of your basic salary monthly (10% employee + 10% employer) at ~8.5% annual interest. For example, with Rs 50,000 basic salary: Rs 10,000/month contributed. Over 30 years at 8.5% compound interest, this grows to approximately Rs 1.5 crore. You receive the full lump sum at retirement (age 58).
EPF: Best for government employees, as the employer match makes it very effective. Lump sum at 58.
CIT: Best for higher returns (10–12%). Good for anyone wanting to invest beyond mandatory schemes. Open to all.
SSF: Best if you want monthly pension income after retirement rather than a lump sum. Also provides health insurance, which is very valuable. Mandatory for registered private sector.
Ideally: EPF or SSF (mandatory) + CIT (voluntary top-up) + personal savings = strongest retirement foundation.
FIRE (Financial Independence, Retire Early) is growing in Nepal's urban professional community. To retire at 45–50, you need 30–35 times your annual expenses saved (to sustain a longer retirement). Key strategies: maximise CIT contributions, invest in Nepal Stock Exchange (NEPSE), real estate in growing cities, and reduce lifestyle inflation. EPF can still be withdrawn early with penalties.
Nepal receives remittances worth ~25% of GDP, one of the highest rates globally. For remittance workers: open a CIT account for investment while abroad, invest in NEPSE through demat account, and buy property in Nepal's growing cities. SSF participation is not required while abroad but you can contribute voluntarily to CIT. Ensure you have a clear plan for the money before returning.
Nepal's average inflation is ~6.5% per year (NRB data). This means: Rs 1 lakh today = Rs 52,000 purchasing power in 10 years. Your retirement savings must grow faster than inflation. EPF at 8.5% gives a real return of only ~2%. CIT at 11% gives ~4.5% real return. Always calculate retirement needs in future rupees, not today's rupees. This calculator does that automatically.
Related Merokalam Guides
Retirement planning depends on salary growth, savings habits, and choosing reliable financial institutions.