Savings Goal Calculator
Find the monthly amount needed to hit a target.
To reach Rs 5,000,000 in 8 years at 12% return, invest about Rs 23,138 every month on top of your existing savings.
About this calculator
Set a target amount and a deadline, and this calculator tells you how much to invest each month to get there. It accounts for any savings you already have and the compounding on your future contributions, so you get a realistic monthly figure rather than a simple division of the goal by the number of months.
Use it to plan for a car, a down payment, a wedding, or any goal with a number and a date attached. If the required monthly amount looks too high, try extending the timeline or assuming a slightly higher (but still realistic) return.
Frequently asked questions
What if I already have some savings?
Enter your current savings and the calculator grows that balance forward too, reducing the monthly contribution you need to add.
Why does a longer timeline help so much?
Because compounding has more time to work and your contributions are spread over more months. Even a couple of extra years can sharply cut the required monthly amount.
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These calculators are for general information and planning only. They use the assumptions you enter and do not constitute financial, tax, or investment advice. Returns are not guaranteed; verify figures independently before making decisions.