Goal Planning Calculator

Goal Type

Current Goal Cost (₹)

Years to Goal

Expected Inflation (% p.a.)

Expected Investment Return (% p.a.)

Current Savings (₹)

Goal Planning Summary

Your financial goal cost and required investment plan

₹0

Future Goal Cost

₹0

Monthly Investment

₹0

Total Investment

Investment Growth vs Goal Cost

Disclaimer: This calculator provides estimates only. Actual costs may vary based on various factors. Investment returns are not guaranteed. Always consult with a financial advisor for personalized planning.

What is a Goal Planning Calculator?

A goal planning calculator is a comprehensive financial tool that helps you plan and achieve your life's important milestones. Whether it's education, marriage, home purchase, or retirement, this calculator considers inflation, investment returns, and your current savings to create a structured investment plan.

How can a goal planning calculator help you?

Plan multiple financial goals simultaneously
Understand the impact of inflation on goal costs
Calculate monthly investment requirements
Track progress towards your goals
Make informed investment decisions

How do goal planning calculators work?

Our goal planning calculator uses the following approach:

Future Cost = Current Cost × (1 + Inflation)^Years

Where:
• Years = Time until goal achievement
• Monthly Investment = (Future Cost - Current Savings × (1 + Return)^Years) × Monthly Rate / ((1 + Monthly Rate)^Total Months - 1)
• Monthly Rate = Annual Return / 12 / 100
• Total Months = Years × 12

Common financial goals:

Education Planning: Children's school, college, and higher education
Marriage Planning: Wedding expenses and celebrations
Home Purchase: Down payment and property acquisition
Retirement Planning: Post-retirement lifestyle maintenance
Business Investment: Startup capital or business expansion
Vehicle Purchase: Car, bike, or other vehicles

Goal planning strategies:

Priority-based Planning: Focus on most important goals first
Time-based Allocation: Short-term vs long-term goal planning
Risk-adjusted Returns: Match investment risk with goal timeline
Regular Review: Monitor and adjust plans annually
Emergency Fund: Build safety net before goal planning

Investment options for goals:

Short-term Goals (1-3 years): Savings accounts, FDs, liquid funds
Medium-term Goals (3-7 years): Debt funds, balanced funds, PPF
Long-term Goals (7+ years): Equity funds, SIPs, NPS
Tax-saving Goals: ELSS, PPF, NPS, tax-saving FDs

Goal planning tips:

Start planning early to benefit from compound growth
Be realistic about goal costs and timelines
Consider inflation in long-term goals
Diversify investments across different asset classes
Automate investments through SIPs and standing instructions
Review and rebalance portfolio regularly