Goal Planner (SIP for a Goal)
How much to invest every month — or as a lump sum today — to reach a goal such as a child’s education, a house or a car, after inflation.
About Goal Planner (SIP for a Goal)
This free goal planner works out how much you need to invest every month to reach a financial goal such as your child’s higher education, a house down payment, a car, a wedding or travel. Enter what the goal costs today, the years until you need it and the inflation for that goal.
Add what you have already saved and the return you expect, and it shows the future cost, the monthly SIP needed — with an optional yearly step-up — and the lump sum you could invest today instead. It runs in your browser with no sign-up.
How to use Goal Planner (SIP for a Goal)
- Pick or name the goal and enter what it costs today.
- Set the years to the goal and the expected inflation.
- Enter what you have already saved and the return you expect.
- Read the monthly SIP (with an optional yearly step-up) or the lump sum needed.
Frequently asked questions
How is the goal amount worked out?
Future cost = today’s cost × (1 + inflation)years. For example, ₹20 lakh of education costs today becomes about ₹50.4 lakh in 12 years at 8% inflation.
How is the SIP worked out?
Existing savings are grown at your expected return and subtracted from the future cost. The monthly SIP needed for the rest assumes investments at the start of each month, compounded monthly — the same method as the SIP Calculator.
What inflation should I assume?
General inflation in India has averaged around 5–6% over the last decade, but education and healthcare costs have usually risen faster, often 8–10% a year.
How much SIP do I need for ₹1 crore?
At a 12% return, about ₹10,000 a month for 20 years or ₹44,000 for 10 years builds ₹1 crore. Use the planner with your own goal, timeline and return.
Why adjust a goal for inflation?
Prices rise every year, so a goal costing ₹20 lakh today will cost much more in 10–15 years. Planning for the future cost avoids a shortfall.
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