05 Goal Calculator
Name the goal. We solve the path.
Most calculators run forwards. This one runs backwards: set a target and a horizon, and it returns the monthly SIP that gets you there.
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| Horizon | Required SIP |
|---|---|
| — | |
How to read this tool What each input changes
This tool runs in reverse. You name the goal and the horizon, and it solves for the monthly SIP that gets you there.
- Target amount
- The sum you want to have at the end. The required SIP scales directly with it.
- Years to reach it
- How long you have. More time lets compounding carry more of the load, so the monthly amount you need falls sharply.
- Expected annual return
- The assumed yearly growth. A higher return lowers how much you must contribute from your own pocket.
- Already saved
- Money you have set aside toward this goal already. It keeps compounding on its own and is subtracted from what your SIP must cover.
- Inflation
- When switched on, the target is grown by 6% a year, so the goal still holds its real-world value by the time you reach it.
Should I adjust the target for inflation?
Almost always yes, for goals more than a few years away. ₹1 Cr today and ₹1 Cr in 20 years are very different sums of money. The Adjust target for inflation toggle above anchors you on real purchasing power, not nominal rupees.
What if I can't afford the required SIP?
Three levers exist: (a) lengthen the horizon, (b) accept a lower target, (c) accept a higher expected return — which means more equity exposure, which means more volatility along the way. A TRW partner can help you choose realistically.
What return rate is realistic for my time horizon?
Short horizons (under 3 years): 6–7% in debt funds is the realistic ceiling. Medium (3–7 years): 8–10% in hybrid funds. Long (7+ years): 10–13% in diversified equity. Use a lower rate than you hope for if you want a margin of safety.
Can I change my goal later?
Yes, and you should. Goals move as life moves. Re-run this calculator every year or two and adjust your SIP to match.
For illustrative purposes only. Mutual fund investments are subject to market risks. Past returns do not guarantee future performance. This tool does not constitute investment advice.