What is a Goal Planner Calculator?

A Goal Planner Calculator helps you determine how much you need to invest to reach a specific financial target — such as buying a home, funding your child’s education, or taking an international trip. It works for both SIP (monthly investments) and Lumpsum (one-time investments) based on your expected return and time horizon.

Whether you’re saving for a short-term or long-term goal, this calculator gives you a clear roadmap to your target amount using the power of compounding.

How to Use:

1. Enter your target goal amount (e.g., ₹10,00,000).

2. Set your timeframe in years (e.g., 5 or 10 years).

3. Input your expected annual return (e.g., 12% for equity funds).

4. Click Calculate to get:

   • Monthly SIP required to reach the goal

   • Lump sum amount required today to meet the same goal

Why Goal Planning is Essential

In India, major financial goals are often postponed or compromised due to lack of planning. A simple goal planner tool helps you:

• Start early and invest with purpose

• Avoid loan dependency for future milestones

• Decide between SIP or Lumpsum based on your cash flow

Tip: Review your goal plan every year and adjust SIP as income increases.

Example:

• Goal: ₹15 Lakhs

• Timeframe: 10 years

• Expected Return: 12%

        You’ll need to invest:

• ₹6,200/month via SIP or

• ₹4.75 Lakhs today as a one-time investment

Frequently Asked Questions

Q1: Should I go for SIP or Lumpsum?
A: SIP is ideal for salaried individuals with regular income. Lumpsum works if you have idle money earning low returns.

Q2: What return rate should I assume?
A: For equity funds, use 10–12%; for debt funds or FDs, use 6–7%.

Q3: Can I use this calculator for short-term goals?
A: Yes. Just enter your timeframe (even 1–3 years) and use a conservative return estimate.