Goal Planner

Goal Planner will help you to plan for any financial goals like Child Education or Child Marriage. It calculates the monthly investment required for achieving the goal. You can give the goal present value, No of Years remain, Inflation (%) and rate of returns (%) on your investments.

Features

- Enter Present Value of goal, number of years remain, rate of return and inflation

- Gives Future value of goal, monthly investment required or lump sum investment.

- Setting for Currency Symbol, Default Rate of Return and Inflation

Example:

Present Value: 8, 00,000

Number of Years remain: 15 Years

Rate of Return (%): 12

Inflation (%): 7

Future Value: 22, 07,225

Monthly Investment: 4,374

Lump sum Investment: 3,68,129

Suppose you want to plan for your Child education which costs 8, 00,000 today. The Number of Years remain is 15 years and the inflation you expect is 7% and you expect 12% return from your investments. In that case future value is 22, 07,225 and to achieve that future value you need to invest 4,374 per month or lump sum invest 3,68,129.