Goal Planner
List your money goals to see what each will really cost, how much to invest every month, and where. Saved only on this device.
Your goals, nearest first
Returns are long-term averages assumed for each type of investment, before tax: 7% for safe options (under 3 years), 8.5% for a debt-heavy mix (3–5 years), 10% for a balanced mix (5–8 years) and 12% for mostly equity (8 years or more). Real returns vary, especially for equity.
How to Use the Goal Planner
- List your goals – a house down payment, your child's education, a car, a wedding, a holiday. For each, enter what it would cost today and how many years away it is.
- Add what you've already saved for each goal, and adjust inflation if you need to. Education costs usually rise faster than everything else, at around 10% a year.
- Enter how much you can invest every month. The planner tells you whether it's enough for all your goals, or how big the gap is.
- Try a yearly step-up. Raising your SIPs by 5–10% a year as your salary grows can make a plan that looks out of reach affordable.
Why Planning Each Goal Separately Works
Saving "in general" makes it easy to dip into money meant for something else. When each goal has its own amount, date and SIP, you know exactly what you're saving for, you can see your progress, and you're less likely to raid your child's education fund for a new phone.
It also lets you invest each goal the right way. Money you need in two years and money you need in fifteen shouldn't be in the same place.
Where to Invest for Each Goal
| Time to goal | Suggested mix | Return we assume |
|---|---|---|
| Under 3 years | Safe options: FDs, RDs, short-term debt funds | 7% |
| 3–5 years | Mostly debt, about 20–30% equity | 8.5% |
| 5–8 years | About half equity, half debt | 10% |
| 8 years or more | Mostly equity – diversified equity or index funds | 12% |
Equity can fall 30–40% in a bad year and take a few years to recover, which is why it suits long-term goals only. As a goal gets within about 3 years, start moving that money into safer options, so a market fall just before you need it doesn't wreck your plan.
Don't Forget Inflation
A goal that costs ₹25 lakh today will cost far more when you actually need it. At 10% education inflation, ₹25 lakh becomes about ₹1.04 crore in 15 years. At 7%, a ₹20 lakh down payment becomes about ₹30 lakh in 6 years. Planning with today's prices is the most common reason people fall short.
If You Can't Afford Every Goal
- Put your goals in order. An emergency fund and your children's education usually come before a bigger car or a holiday.
- Push flexible goals back by a year or two – it lowers the monthly amount and gives your money more time to grow.
- Step up your SIPs every year. See the difference with our Step-up SIP Calculator.
- Find more to invest. The Budget Planner can show where your money goes each month.
Questions People Actually Ask Us
Where are my goals saved? Only in your own browser, on this device. Nothing is sent to us or anyone else. Use "Clear all" to delete them.
Should I add retirement as a goal? Retirement needs its own planning, because you'll be spending the money over 20–30 years rather than all at once. Use our Retirement Planner for it, and treat any money left over here as a start on your retirement savings.
Can I use one SIP for several goals? You can, but it's easier to track if each goal has its own SIP – or at least its own folio – so you know what belongs to which goal.
What about saving for my child's education? It's usually the biggest goal after a house. Read how to plan and save for your child's education, and look at the Sukanya Samriddhi Calculator if you have a daughter.
Not sure your basics are covered? Take our 2-minute Financial Health Check first.
Disclaimer: This planner is for educational purposes only. It uses assumed returns and inflation rates, gives guidance by type of investment only, and doesn't recommend any specific fund or product. It isn't investment advice. For personalised advice, please consult a SEBI-registered investment adviser. See our full Disclaimer.