Savings Goal Calculator
Plan your financial future by calculating how long it will take to reach your savings goals with regular investments.
Savings Goal Calculator
How to Use Savings Goal Calculator
Step 1: Enter your target savings goal amount (e.g., ₹10,00,000 for a house down payment)
Step 2: Input the monthly amount you can invest regularly
Step 3: Enter the expected annual return rate (typically 10-12% for equity mutual funds)
Step 4: Click "Calculate Time Needed" to see how many years it will take to reach your goal
Common Savings Goals
- • Emergency Fund: 6-12 months of expenses
- • House Down Payment: 20% of property value
- • Child's Education: ₹20L-50L for quality education
- • Retirement: 25-30x annual expenses
- • Wedding: ₹5L-25L depending on scale
Investment Tips
- • Start early to benefit from compounding
- • Increase SIP amount annually with salary hikes
- • Diversify across equity and debt funds
- • Review goals and adjust investments yearly
- • Don't withdraw before reaching the goal