Find exactly how much to save every month to hit your financial target. Choose a goal, set your timeline and expected return, and get a personalised savings plan instantly.
Choose Your Goal
🏠
Home
Down Payment
🏫
Education
Child's College
🌞
Retirement
Corpus
🚗
Car
Down Payment
🛡
Emergency
6 Months Exp
✈
Travel
Dream Trip
Goal Amount
₹
% p.a.
Timeline
1 yr10 yr20 yr30 yr40 yr
Expected Annual Return
4%8%12%16%20%
Existing Savings (Lump Sum)
₹
Step-Up SIP (Optional)
0% (flat)5%10%15%25%
Monthly SIP Required
₹0
per month to reach your goal
Goal Amount
₹0
Total Invested
₹0
Returns Earned
₹0
Lump Sum Grows To
₹0
Final SIP (Step-Up)
—
Inflation-Adjusted Goal
—
SIP Contribution0%
Returns / Growth0%
📝 Formula
SIP = Goal × r / [(1+r)ⁿ − 1]
r = monthly rate = Annual Rate / 12 | n = months = Years × 12 Step-Up SIP: solved numerically — SIP increases by step-up% each year Lump Sum FV = Lump × (1+r)ⁿ deducted from goal before SIP calculation
💬 Recommended Investment Vehicles
Year-by-Year Savings Plan
Year
Monthly SIP
Annual Invested
Corpus at Year-End
Goal Progress — Corpus Growth Over Time
ⓘ Returns assumed constant. Actual equity returns vary year-to-year. SIP returns are based on monthly compounding. Step-up SIP calculations are approximate — use the year-wise table for exact figures. Inflation rate adjusts the goal amount, not returns. Consult a SEBI-registered financial advisor for personalised advice.
Frequently Asked Questions
How much should I save monthly for my goal? +
Monthly SIP = Goal × r / [(1+r)^n − 1]. r = monthly rate = annual rate/12, n = months. Example: ₹50L in 15 years at 12%: r=1%, n=180 → SIP = ₹9,961/month. With step-up of 10%/year, first SIP drops to ~₹5,700/month, rising each year with salary. Start early — each year's delay increases required SIP significantly.
What is step-up SIP and should I use it? +
Step-up SIP increases your monthly contribution by a fixed % every year — matching salary hikes (10-15%). Benefits: lower initial burden, keeps pace with income, reaches same goal with smaller first-year commitment. If your salary grows 10%/year, set step-up = 10%. Our calculator shows exact SIP for each year so you can plan cash flows precisely.
Should I combine lump sum with monthly SIP? +
Yes — any bonus, FD maturity, or existing savings should be invested as a lump sum immediately. It starts compounding right away, reducing monthly SIP needed. Enter your lump sum above and see how much monthly burden it removes. ₹5 lakh lump sum at 12% for 15 years grows to ₹27.4 lakh, covering over half a ₹50L goal.
Which investment is right for my goal timeline? +
Short-term (1-3 yr): FD, liquid funds, short-duration funds — stable 6-8%. Medium-term (3-7 yr): Balanced mutual funds, PPF, debt funds — 8-12%. Long-term (7+ yr): Equity index funds, flexicap funds, NPS — 12-15% historical. More time = more equity. The calculator shows recommended instruments based on your selected timeline.
How does inflation affect my savings goal? +
At 6% inflation, ₹50L today costs ₹89.5L in 10 years. Always plan for the future inflated cost, not today's price. Our "Today's Value" mode automatically inflates your goal using the inflation rate you set. This ensures your corpus is actually sufficient when the goal date arrives.
What is the 50-30-20 savings rule? +
50% of take-home → needs (rent, EMIs, groceries). 30% → wants (dining, entertainment). 20% → savings and investments. For large goals, push savings to 30-40%. Automate SIP on salary day — money never reaches spending account. ₹5,000/month at 12% for 25 years = ₹94 lakh. Consistency beats timing.