Goal Planner

How it's calculated

Goal after inflation = today's cost × (1 + inflation)^years. Existing savings grow at the expected return. The SIP covers the shortfall: SIP = shortfall × i ÷ [((1 + i)ⁿ − 1) × (1 + i)], with instalments at the start of each month.

Planning a monthly SIP for a goal

Goals such as a home, a child's education or retirement cost more in the future because of inflation. This planner first raises today's cost by the inflation you assume, then works out the monthly SIP that bridges the gap after counting what you have already saved.

With the example values, a goal that costs ₹50 lakh today becomes about ₹89.5 lakh in 10 years at 6% inflation. With ₹2 lakh already saved and a 12% assumed return, the monthly SIP needed is about ₹35,700.

Frequently asked questions

Why does the goal amount increase?

Because prices rise with inflation. The same goal will cost more in future years than it does now.

What return should I assume?

Use a cautious figure, and use a lower one for goals that are close. Short-term goals suit lower-risk options.

What if my savings already cover the goal?

The planner will say so and show a SIP of zero.

How to use the Goal Planner

Enter goal cost today, years to goal, inflation (p.a.), expected return (p.a.), already saved for this goal. The calculator updates as you type and shows Monthly SIP needed, along with the figures behind it. It runs in your browser, so nothing you enter is sent anywhere. Use the Reset button to go back to the example values.