Goal Planner Calculator
Find the monthly SIP needed to reach a financial goal, adjusted for inflation.
About the Goal Planner Calculator
Most financial goals — a child's education, a house down payment, a wedding, retirement — have a target amount and a deadline. The AlarmDaddy Goal Planner Calculator works backwards: tell it how much you need and when, and it tells you the monthly SIP required to get there at your expected return. It can also inflate today's cost to a future value so your goal stays realistic.
Enter the goal amount in today's rupees, the years until you need it, the expected return on your investments, and an inflation rate to grow the target. The calculator shows the inflation-adjusted target and the monthly investment needed. This is the single most useful planning tool for turning a vague wish ("I want ₹50 lakh for my kid's college") into a concrete monthly habit.
How to use this calculator
- 1Enter your goal amount in today's rupees.
- 2Enter the number of years until you need it.
- 3Enter an inflation rate to grow the target (6% to 7% is typical for India).
- 4Enter the expected annual return on your investments.
- 5Read the inflation-adjusted target and the monthly SIP required.
The formula
First the goal is inflated: FV = today's cost × (1 + inflation)^years. Then the monthly SIP needed to reach FV is found by inverting the SIP future-value formula, where i is the monthly return and n is the number of months.