India, March 1 -- Retirement is a phase for which just about every other person attempts to plan. The aim? Ensuring that after a person loses a steady stream of income, they are able to sustain themselves without any difficulties.

Retirement planning, for a lot of people, also means planning to collect funds to invest in things they have wanted to do for years. This may include travelling, learning a hobby or even buying expensive cars or bikes.

Over the past few years, systematic investment plans (SIPs) have become a popular method of long-term savings. But people sometimes find it tough to calculate their return-on-investment (ROI) from investments done in SIPs. Here's where an SIP calculator comes in handy.

Before using an SIP calcu...