Goal Planner Calculator
Reverse-engineer the exact monthly SIP needed to reach any financial target — home down payment, child education, luxury travel, or financial independence.
Invest this amount consistently each month for 10 years to reach your goal.
How do you reach your target goal?
To accumulate your goal of ₹50,00,000 in 10 years at an expected 12% return, with ₹2,00,000 currently saved, you need to invest ₹19,035 per month.
- Your initial savings of ₹2,00,000 will compound to ₹6,21,170, leaving ₹43,78,830 to be funded through monthly SIPs.
- Setting up an automated auto-debit on salary day guarantees you hit your target on schedule without relying on willpower.
- As you get within 2 to 3 years of your target deadline, systematically shift profits from equity into conservative debt or arbitrage funds to lock in the gains.
How This Calculator Works
The goal planner first projects the future value of your initial savings. The remaining shortfall is then converted into the required monthly annuity contribution using the sinking fund formula.
Monthly SIP = Remaining Target × i / [(1 + i)^n - 1]Variables in Formula:
Worked Step-by-Step Example
Saving ₹50 Lakhs for a child's foreign university degree in 10 years at 12% CAGR, with ₹2 Lakhs already in mutual funds.
Key takeaway: Instead of stressing about where to find ₹50 Lakhs in 10 years, automating ₹18.9K/month makes the dream completely mathematically achievable.
Common Mistakes to Avoid
⚠ Neglecting inflation in the target amount
A college course costing ₹25 Lakhs today will cost over ₹50 Lakhs in 10 years at 7% education inflation. Always calculate goals in future rupees.
⚠ Staying in equity till the very last month
A sudden 15% market correction just weeks before you need the cash can ruin your goal. De-risk your portfolio 2 years in advance.
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