Goal Planning - SIP Calculator

Calculate how much you need to invest monthly to achieve your financial goals.

Goal Details

Target Amount ($)

Time Period (Years)

Expected Return Rate (%)

Inflation Rate (%)

Initial Investment ($)

Compounding Frequency

Results

Required Monthly SIP

Total Investment

Total Returns

Inflation Adjusted Value

Investment Growth

Year-wise Breakdown

Year	Investment	Returns	Total Value

How Goal Planning Works

Goal Planning with SIP (Systematic Investment Plan) helps you determine how much you need to invest regularly to achieve your financial goals. The calculator takes into account:

Your target amount
Time period to achieve the goal
Expected return rate
Inflation rate
Initial investment amount
Compounding frequency

The formula used for calculating the required monthly SIP is:

PMT = (FV * r) / ((1 + r)^n - 1)

Where:

PMT = Required monthly investment
FV = Future value (target amount)
r = Monthly interest rate
n = Total number of months

The inflation-adjusted amount is calculated using:

Adjusted Amount = Target Amount * (1 + Inflation Rate)^Years

Benefits of Goal Planning

Clear Objectives

Helps you set clear financial goals and understand the investment required to achieve them.

Inflation Protection

Accounts for inflation to ensure your money maintains its purchasing power.

Regular Savings

Encourages disciplined saving through systematic investment plans.

Compounding Benefits

Maximizes the power of compounding by investing regularly over time.

Risk Management

Helps in understanding and managing investment risks through proper planning.

Financial Freedom

Paves the way for achieving financial independence through goal-oriented investing.