Find out how much you need to invest monthly to reach a specific financial goal, accounting for any savings you already have.
If your existing savings alone are projected to exceed your goal amount, the required monthly investment will show as zero — you're already on track without any additional contribution.
Any goal with a target amount and a timeline works — a child's education, a down payment for a house, a wedding, a car purchase, or a vacation fund are all common uses.
Yes, especially for goals more than 5 years away. If your goal involves a cost that rises with inflation (like education or a future purchase), enter the inflation-adjusted future value as your target rather than today's cost.
Use the "Existing Savings" field — the calculator will project how much that amount grows on its own, and reduce the required monthly investment accordingly.
This depends on where you plan to invest and your goal's time horizon. Longer-horizon goals (10+ years) can typically use a more growth-oriented assumption; shorter-horizon goals (under 3 years) should use a more conservative rate, since there's less time to recover from market dips.
This calculator handles one goal at a time. For multiple goals, run the calculation separately for each and add up the required monthly amounts — just be sure your total fits within your overall monthly budget.
Whether you're saving for a child's education, a home down payment, or any other major future expense, this calculator works backward from your target amount and timeline to tell you exactly how much you need to invest each month to get there.
Once you have your required monthly figure, check our SIP Calculator to see how that amount would grow under different return assumptions, or adjust your timeline and target here to see how that changes the required contribution.
