Goal Planning Calculator
Calculate how much you need to save today for your future life goals, adjusted for inflation.
Goal Parameters
₹10,00,000
₹50k₹10Cr
6%
1%15%
10 Years
1 Yr40 Yrs
Goal Cost Summary
Current Cost
₹10,00,000
Impact of Inflation
+₹7,90,848
Target Corpus Needed
₹17,90,848
Inflation Trajectory
Year-by-Year Cost Increase
| Year | Inflated Cost |
|---|---|
| Today (Year 0) | ₹10,00,000 |
| Year 1 | ₹10,60,000 |
| Year 2 | ₹11,23,600 |
| Year 3 | ₹11,91,016 |
| Year 4 | ₹12,62,477 |
| Year 5 | ₹13,38,226 |
| Year 6 | ₹14,18,519 |
| Year 7 | ₹15,03,630 |
| Year 8 | ₹15,93,848 |
| Year 9 | ₹16,89,479 |
| Year 10 | ₹17,90,848 |
What is Goal Planning & Inflation?
Goal planning involves estimating how much a future life event—such as a child's higher education, an international vacation, or a down payment on a house—will cost when you actually need the money. Because of inflation, the purchasing power of money decreases over time, meaning things will cost more in the future than they do today.
Why factor in Inflation?
- Avoid Shortfalls: If education costs ₹20 Lakh today, it might cost ₹35 Lakh in 10 years at a 6% inflation rate. Saving only ₹20 Lakh means you'll be drastically short of funds.
- Determine Required Target: Knowing the exact Future Value helps you calculate exactly how much SIP or Lumpsum you need to start today to reach that specific corpus.