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What is the amount you would need to fulfil your child educational need at today's cost (Rs)
What is the amount you would need to consider yourself wealthy at today's cost (Rs)
What is the amount you would need to spend on buying an item you dream - a big car or a foreign holiday or a house (Rs)
What is your current age? (in years)
What age you plan to acquiring wealth? (in years)
What is your child current age? (in years)
What age your child would be ready for professional education? (in years)
Afer how many years away would you need the amount to spend on buying an item you dream (Rs)
The expected rate of inflation over the years (% per annum)
What rate of return would you expect your investment? (% per annum)
How much savings you have now? (Rs)
Rs. 2,16,09,712
Your targeted Dream Amount
30 Years
Growth of your Savings Amount
Rs. 2,483
Final Targeted Amount
|
Result
|
||||
|---|---|---|---|---|
| Composite Planner | Education | Wealth | Expense | Total |
|
Amount at today's prices |
Rs. 25,00,000 | Rs. 50,00,000 | Rs. 15,00,000 | Rs. 90,00,000 |
| Number of years to achieve your goals | 20 year(s) | 35 year(s) | 30 year(s) | - |
| Expected rate of return from investments (% per annum) | 12.50 % | 12.50 % | 12.50 % | - |
| Personal goal target (Inflation adjusted) | Rs. 1,06,19,628 | Rs. 6,28,44,352 | Rs. 1,31,32,433 | Rs. 8,65,96,413 |
| Your current savings amount | Rs. 1,38,888 | Rs. 2,77,777 | Rs. 83,333 | Rs. 5,00,000 |
| Monthly Savings required | Rs. 9,475 | Rs. 8,065 | Rs. 3,174 | Rs. 20,714 |