Financial Goal Planner

Find the monthly SIP you need to reach a target amount in a set time — after accounting for the growth of any savings you already have.

Goal SIP Formula

Required SIP = (Target − grown existing savings) × i ÷ (((1+i)ⁿ − 1) × (1+i))
where i = monthly return (rate ÷ 1200) and n = months. Existing savings first grow at the same return and are subtracted from the target.