Why Use a Goal-Based Investment Calculator?
Most young investors start saving without a plan. But money without direction rarely builds wealth. A Goal-Based Investment Calculator ensures your money is tied to clear milestones โ like a Goa trip, higher studies, or your dream gadget. It answers: โHow much should I save each month to reach my goal?โ
How Does It Work?
Enter your goal amount, timeline, starting savings, and expected returns. The calculator then shows the monthly SIP needed to achieve your target. For example, if you want โน3L for a Europe trip in 3 years, itโll tell you whether โน7,000/month in an SIP will get you there.
When Should You Use It?
- Planning short-term lifestyle goals (travel, gadgets).
- Preparing for big life milestones (wedding, down payment).
- Tracking multiple goals in parallel.
