Goal-based savings calculator. Tell it what you want to buy, when you want it, and how your money will grow - it tells you how much to save every month. Perfect for emergency funds, vacations, gadgets, education and any short-to-medium term goal.
Debt 5-7% · Hybrid 8-10% · Equity 10-12%
Monthly savings needed
₹31,070
Goal
₹25,00,000
In 5 years
From existing savings
₹1,56,568
₹1,00,000 grown
How the goal is built
For goals more than 2-3 years out, inflate the goal by 5-7% per year so the saved amount has the same purchasing power. Returns assume a constant rate; actual market returns vary year to year.
Часть содержимого пока показывается на английском.
Most financial planning advice tells you to 'save more' without ever quantifying how much. This calculator answers the actual operational question: given your goal, timeline, current savings and expected return, what's the exact rupee amount you need to put away every month? Once you have that number, the problem stops being abstract - you can compare it against your free cash flow, decide whether to adjust the goal or the timeline, and set up an automatic transfer that takes the decision-making out of every month.
Goal-based saving works because it makes the trade-offs concrete. ₹20,000/month to vacation in 18 months vs ₹8,000/month to college fund in 18 years vs ₹15,000/month to emergency fund in 24 months - when you can see all three numbers side by side, you can decide what truly matters and what's optional. The calculator handles any combination of goal amount, timeline and starting savings, and it gives you the bridge between intention and execution.
Enter your savings goal amount.
Add what you have already saved (set to 0 if starting from zero).
Set the expected annual rate of return on your savings.
Pick the number of years you have to reach the goal.
Read the monthly amount you need to set aside.
The calculator first grows your existing savings forward at the assumed return - that handles whatever you already have. The remaining gap to the goal is the part your monthly deposits need to fill. Using the future-value-of-annuity formula, it converts that gap into a single monthly amount.
Gap = Goal − CurrentSavings × (1+r)ⁿ ; Monthly = Gap / [((1+r)ⁿ − 1) / r]
The math runs in two stages. Stage one: the future value of your current savings at the assumed return is computed as CurrentSavings × (1+r)^n. Whatever's leftover between this future value and your goal is the gap that monthly contributions need to fill. Stage two: the gap is converted to a monthly contribution using the inverse of the future-value-of-annuity formula. The result is the exact rupee amount that, invested monthly at the expected return, accumulates to the gap by the target date.
Return assumption is the most-influential variable for medium-to-long horizons. For goals less than 3 years out, use 5-6% (savings account, liquid fund, short-term RD). For 3-5 year goals, use 7-9% (hybrid mutual funds, conservative balanced funds). For 5-10 year goals, use 9-11% (balanced/aggressive hybrid). For 10+ year goals, 11-12% (diversified equity) is reasonable. Setting return too aggressively understates the required monthly savings; setting too conservatively overstates.
Inflation must be factored into the goal for anything beyond 2-3 years out. A goal that costs ₹5 lakh today will cost ₹5 lakh × (1.06)^n in n years at 6% inflation. Plug the inflation-adjusted goal into the calculator, or simply use a real (inflation-adjusted) expected return: real return = (1+nominal)/(1+inflation) − 1, which is approximately nominal − inflation for low values.
Goal ₹6,00,000, current savings ₹0, expected return 6% (liquid fund), tenure 24 months. Required monthly: approximately ₹23,500. At ₹50,000 monthly take-home with no other commitments, this is doable but stretches. Slowing the goal to 30 months drops required monthly to roughly ₹18,500 - much more comfortable while still building a robust emergency cushion.
Goal ₹15,00,000, current ₹3,00,000, expected return 9% (balanced fund), tenure 60 months. Current savings grow to ~₹4,62,000 in 5 years. Gap ₹10,38,000. Required monthly: approximately ₹13,800. If you can step up the monthly contribution by 5% each year, this drops to ~₹11,500 starting amount.
For under 3 years: liquid funds, RD, or short-duration debt funds (5-7% returns). For 3-5 years: balanced/hybrid funds (8-10%). For long-term goals (5+ years): equity SIPs (10-12% over time).
Be conservative. 6-7% if your timeline is under 3 years. 8-10% for 3-5 years. 10-12% for 5+ years if comfortable with equity volatility.
Yes for goals more than 2-3 years out. If a goal will cost ₹5 lakh today and inflation is 6%, in 5 years the same goal will cost ~₹6.7 lakh. Bump up the goal accordingly.
You have three levers: extend the timeline, raise the expected return (with risk), or lower the goal. The calculator helps you experiment with each.
Yes. Use one calculator instance per goal - emergency fund (3-6 months of expenses), short-term (vacation, gadget), medium-term (down payment), long-term (retirement, kids' education). Keep them in separate buckets.
3-6 months of essential expenses, parked in a liquid fund or sweep-FD. Use this calculator with 'goal = 6 × monthly expenses' to plan how to build it from scratch.
Indian financial products - home loans, fixed deposits, mutual funds, NPS, insurance - each carry their own quirks: monthly reducing balance vs flat-rate interest, quarterly vs monthly compounding, indexation on capital gains, the choice between the old and new tax regime. We design every finance calculator to use the formula that an Indian bank, AMC, or insurer would actually use, and to surface the assumptions in plain English so you can audit the result against your own statement.
Use this calculator alongside the EMI, SIP and inflation calculators to plan your money holistically. A standalone EMI number means little until you compare it with your in-hand salary, your existing debt-to-income ratio, and the impact of inflation on the real cost of the loan. The related-tool grid below makes it one click to chain these analyses together.
The Savings Calculator is part of the Finance suite on Online Calculator Tools, alongside 6 related calculators. All tools share the same UI patterns, the same privacy-first rendering (nothing is sent to a server), and the same commitment to showing the formula and assumptions behind every result.
