Goal Planner
Find the monthly SIP, or the lumpsum today, that could reach a savings target. Existing savings grow at the rate you enter.
How it is calculated
SIP = gap × i / ((1 + i) × ((1 + i)^n − 1))
- Existing savings are grown monthly at the rate you enter. The gap is the target minus that future value.
- The SIP is the annuity-due installment, the same convention as the SIP calculator, so the two pages agree.
- The lumpsum is the gap discounted back by the same monthly rate. It is the one-time alternative to the SIP.
This is a projection or a description of the numbers you type. It is not financial advice.
Working backwards from a target
Name the amount you want, when you want it, and the annual rate you are willing to assume. If you already hold some savings, they are grown first. The calculator then solves for the monthly SIP that covers whatever is still missing, and for the lumpsum that would cover that same gap today.
If the grown savings already pass the target, the required SIP is zero.
Questions
Why might the chart end a little off the target?
The SIP is rounded to the nearest rupee before the year-wise projection is built. A few rupees of rounding over many months can leave the final value just above or below the target.
Do existing savings earn the same rate as the SIP?
Yes. Both use the expected return you type, compounded monthly.
Is this inflation-adjusted?
No. The target is a future rupee amount. If you want today's purchasing power, raise the target yourself.
What if I already have enough?
The monthly SIP and the extra lumpsum both show as zero.
Does a higher rate lower the SIP?
On this page, yes, because the assumed growth does more of the work. That rate is not a forecast.