Personal FinanceSample article
Net worth: the one number that tracks your progress
Income tells you what you earn. Net worth tells you what you have built. How to work it out and why to check it every quarter.
1 min read
Goal planner
How much to invest each month, or once today, to reach a goal whose cost keeps rising.
Result
Monthly investment needed
₹8,670
- Goal cost in 10 years
- ₹17,90,848
- after inflation
- Or invest once, today
- ₹6,90,449
- Your savings will grow to
- ₹0
On track, year by year
| Year | Goal cost | Saved by then |
|---|---|---|
| 1 | ₹10,60,000 | ₹1,09,854 |
| 2 | ₹11,23,600 | ₹2,31,211 |
| 3 | ₹11,91,016 | ₹3,65,276 |
| 4 | ₹12,62,477 | ₹5,13,379 |
| 5 | ₹13,38,226 | ₹6,76,990 |
| 6 | ₹14,18,519 | ₹8,57,734 |
| 7 | ₹15,03,630 | ₹10,57,403 |
| 8 | ₹15,93,848 | ₹12,77,981 |
| 9 | ₹16,89,479 | ₹15,21,656 |
| 10 | ₹17,90,848 | ₹17,90,848 |
How this is calculated
Future cost = cost today × (1 + inflation)ⁿ
Monthly SIP = gap ÷ ([((1 + i)ᵐ − 1) ÷ i] × (1 + i))
- gap = future cost − what your savings grow to
- i = expected return ÷ 12
- m = months
Assumptions and limits
- Investments are made at the start of each month and the return stays constant.
- Taxes on gains are not included.
- This is an illustration, not a forecast.
This calculator gives an educational estimate from the values you enter. It isn't personalised financial, tax or investment advice. Rates, rules and your own situation can change the result. Read the disclaimer