Calculate how much to invest monthly to reach your financial goal. Free online goal-based investment calculator with formula, examples, and FAQ.
Goal-based investing works backwards from your financial target. Instead of asking "how much will my investment grow to?", you ask "how much do I need to invest monthly to reach my goal?". This calculator determines the exact monthly SIP amount needed to achieve your financial target, considering the expected return rate and investment duration. It helps you plan for goals like buying a house, children's education, or retirement.
Monthly SIP = FV × r / ((1 + r)^n - 1) / (1 + r)Where FV is the target amount (future value), r is the monthly rate of return (annual rate / 12 / 100), and n is the total number of months. This is the inverse of the SIP future value formula, solving for the periodic payment needed to reach a specific future value.
| Input | Output |
|---|---|
| Goal: $1,000,000, 12% return, 15 years | Monthly SIP: $2,005.76, Total Investment: $361,037.29, Returns: $638,962.71 |
| Goal: $500,000, 10% return, 10 years | Monthly SIP: $2,440.91, Total Investment: $292,909.37, Returns: $207,090.63 |
| Goal: $200,000, 8% return, 20 years | Monthly SIP: $336.21, Total Investment: $80,689.50, Returns: $119,310.50 |