F
FINXPR

Financial Goal Planner

Stop saving aimlessly. Name your financial goal, account for the silent theft of inflation, and map out the exact monthly investment required to achieve it.

Select Goal Type

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Years
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%
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Step-Up Contributions

Increase your monthly contributions automatically every year.

Inflation Adjustment

Account for inflation to see your real goal amount.

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Goal Achievement Analysis

Total Amount Needed (Inflation Adjusted)

₹13,38,226

Future value of current savings₹1,61,051
Future value of contributions₹7,80,824
Total projected amount₹9,41,875
Min. initial monthly contribution₹15,076
You need to increase contribution by₹5,076/month

Action Required

Your current contribution falls short. You need to invest an additional ₹5,076 per month initially to reach your target of ₹13,38,226.

What is Goal-Based Investing (GBI)?

Traditional investing involves putting whatever money you have left over at the end of the month into a generic mutual fund and hoping for the best. Goal-Based Investing (GBI) flips this entirely.

Instead of chasing the highest possible return blindly, GBI requires you to attach a specific timeline and a specific target amount to every rupee you invest. Whether you are saving ₹20 Lakhs for a house down payment in 5 years or ₹15 Lakhs for a grand wedding in 3 years, giving your money a "name" completely changes how you manage risk.

Aligning Risk with Time Horizon

The single most important rule of Goal-Based Investing is that your asset allocation must be dictated by your time horizon.

  • Short-Term (0-3 Years): Capital protection is paramount. Invest strictly in Bank FDs, Recurring Deposits (RDs), or Liquid Mutual Funds. Expected return: 6-7%.
  • Medium-Term (3-7 Years): You can take slight risks to beat inflation. Use Hybrid Funds or Balanced Advantage Funds. Expected return: 9-11%.
  • Long-Term (7+ Years): Volatility smoothens out over time. Invest aggressively in Equity Mutual Funds (Index or Flexi-Cap). Expected return: 12-14%.

The Mathematics of Shortfall

Our planner uses standard compounding mathematics to project reality. Let's say you want to buy a car worth ₹15,00,000 in 5 years.

  1. First, we calculate the inflation-adjusted cost using $FV = PV \times (1 + r)^n$. At 6% inflation, that car will actually cost ₹20,07,338.
  2. Next, we calculate the future value of any savings you've already dedicated to this goal.
  3. Finally, we subtract the future savings from the future cost to find your true shortfall, and compute the exact monthly SIP required to bridge that gap using the Future Value of Annuity formula.
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