Tool
Goal Planner
Every dream has a price tag, and inflation keeps raising it. Find out what your child's education, retirement, home or car will really cost, and what to invest today to get there.
Child's education planning calculator
Prices tend to rise every year. We grow today's cost by the inflation rate to estimate what your child's education will cost, then work out the investment needed to get there. Returns are never guaranteed.
Your child's education plan
12 years @ 12% p.a.Their dreams shouldn't wait for your savings to catch up.
- child's education cost after 12 years
- ₹78.46 L
- ₹25.00 L today, at 10% inflation a year
- Planning through SIP
- ₹25,466/month
- Total invested ₹36.67 L over 12 years
- Planning through lumpsum
- ₹20,13,891
- One-time investment today
How your SIP grows towards the goal
Give every goal a number
A goal with an amount and a date is a plan. Without them, it's just a wish. Pick what matters most, set a timeline and let the maths do the rest.
Plan for tomorrow's prices
Inflation quietly moves the goalpost. A course that costs ₹25 L today could cost over ₹75 L in 12 years at 10% a year. Planning with future prices keeps you from falling short.
Start early, stress less
The sooner you begin, the more compounding does the heavy lifting and the smaller your monthly SIP needs to be. Waiting even a few years can make the same goal much harder to reach.
How we work it out
- Future cost
- Today's cost × (1 + inflation)^years
- Monthly SIP
- Future cost ÷ [((1 + i)^n − 1) ÷ i × (1 + i)]
- Lumpsum
- Future cost ÷ (1 + return)^years
- Retirement corpus
- Every year's inflation-adjusted expenses until your chosen age, discounted at the post-retirement return
Here i is the monthly rate, (1 + annual return)1/12 − 1, and n is the number of months. SIPs are invested at the start of each month, the same way as our SIP calculator.
* This planner is for illustration only. Actual costs and returns depend on market conditions and the funds you choose, and are not guaranteed. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.