Goal Planning Calculator
About Goal Planning Calculator
Whether it's buying a dream home, a car, funding a wedding, or an international vacation, the Goal Planning Calculator enables you to reverse-engineer your savings. Simply tell us the cost and the timeline, and we'll tell you exactly how much to save monthly.
How to Use This Tool
Define Your Goal
Enter the current cost of your financial goal (e.g., ₹10 Lakhs for a car).
Set Timeline
How many years away is this goal? (e.g., 3 years).
Expected Returns
Input the likely return rate of your investment instrument.
Frequently Asked Questions
Why do I need goal-based planning?
Investing randomly often leads to shortfalls. Goal-based planning gives your investments a purpose, a timeline, and a specific target, ensuring you are disciplined.
Does this account for inflation?
This basic calculator focuses on the nominal amount. For long-term goals (>5 years), it is recommended to add a buffer for inflation or target a slightly higher amount.
Where should I invest for short-term goals?
For goals within 1-3 years, prefer safer instruments like Debt Funds or FDs. For longer-term goals, Equity Mutual Funds may offer better returns.
Key Features
- •Reverse SIP Calculation
- •Goal-Based Investing Focus
- •Wealth Gain Visualization
- •Simple & Intuitive Interface
Why Goal Planning Calculator Matters
Clarity: Breaks down big dreams into manageable monthly saving chunks. Discipline: Keeps you focused on the 'Why' of your investing. Efficiency: Helps you choose the right investment vehicle for the right timeframe.