Goal Calculator

Determine the monthly SIP investments you need to make to reach a particular goal.

Monthly SIP : ₹0
Earnings : ₹0
Total Investment: ₹0
Invest Now

What is a Goal Calculator?

A Goal Calculator is a powerful financial planning tool that helps you determine how much you need to invest regularly to achieve your specific financial goals. Whether you're planning for retirement, buying a home, funding your child's education, or any other financial milestone, this calculator provides a clear roadmap for your investment journey.

By considering factors like your target amount, investment duration, expected returns, and inflation, the goal calculator helps you create a realistic and achievable investment plan. It takes the guesswork out of financial planning and provides you with precise numbers to work with.

Why is Goal Planning Important?

Goal planning is crucial for several reasons:

  • Financial Discipline: Helps you stay focused and disciplined in your investment approach.
  • Clear Roadmap: Provides a structured plan to achieve your financial objectives.
  • Risk Management: Allows you to assess and manage investment risks effectively.
  • Time Management: Helps you understand how much time you need to achieve your goals.
  • Inflation Protection: Ensures your investments grow at a rate that outpaces inflation.

Without proper goal planning, you might either fall short of your financial targets or invest more than necessary, both of which can impact your overall financial health.

How to Use Goal Calculator?

Using our Goal Calculator is simple and involves just a few steps:

  1. Define Your Goal: Enter the amount you need to achieve your financial goal (e.g., ₹50 lakhs for a house down payment).
  2. Set Time Horizon: Specify how many years you have to achieve this goal.
  3. Expected Returns: Input the expected rate of return on your investments (typically 10-12% for equity mutual funds).
  4. Inflation Rate: Consider the impact of inflation on your goal amount (usually 6-7%).

Example:

If you want to save ₹50 lakhs for your child's education in 15 years, with an expected return of 12% and inflation of 6%, the calculator will show you exactly how much you need to invest monthly through SIP to achieve this goal.

The calculator will provide you with a detailed breakdown of your required monthly investments and show you how your money will grow over time. This helps you make informed decisions about your investment strategy and ensures you're on track to achieve your financial goals.