Goal Savings Calculator
Enter the amount you want, the years you have and the return you expect. You get the monthly amount, or the single amount today, that would reach the goal.
An assumption, not a forecast.
Invest every month
₹9,909
To reach ₹50,00,000 in 15 years
- You invest in total
- ₹17,83,676
- Estimated gain
- ₹32,16,324
Saved results stay in this browser only. Clearing your browser data removes them.
- Investments are assumed at the start of each month and the return is assumed constant. Real returns vary and are not guaranteed.
Working backwards from a goal
The calculator reverses the growth formula: instead of asking what an investment will become, it asks how much you need to put in to reach a target.
A longer period or a higher assumed return lowers the amount you need to save, but a higher return is also less certain. The rate you enter is an assumption, not a forecast, and real returns vary.
Goals such as education or a home cost more in future years than today. Use the inflation calculator to estimate the goal amount first.
The formula
Monthly amount = goal × i ÷ (((1 + i)^n − 1) × (1 + i)). Lump sum today = goal ÷ (1 + r)^years. Here i is the monthly rate and r the yearly rate.
Common questions
How much should I save each month for a goal?
It depends on the goal, the time and the return you assume. Enter them and the calculator shows the monthly amount.
Should I use a monthly amount or a lump sum?
Use whichever matches how you will save. A lump sum today needs a smaller amount, because it has longer to grow.
Does the goal amount include inflation?
Only if you enter it that way. For a future cost, work out the inflated amount first and use it as the goal.
Is this financial advice?
No. It is arithmetic on the numbers you enter.
Keep your money notes in one place
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