Why does the goal cost more than what I entered?

Because you will pay for it in future rupees, not today’s. The calculator inflates the cost you enter at the rate you choose, so the target is what the same thing is expected to cost on the day you actually buy it.

What inflation rate should I use?

General inflation in India has broadly run around 5–6%. Education and healthcare have historically run hotter — 8–10% is a common planning assumption for those. Pick the rate that matches the goal, not the headline number.

Goal Planner

Name the goal and the year. This works backwards to the monthly SIP that gets you there, inflation included.

Monthly SIP needed

—

Covered by existing savings

Goal cost at maturity: —
Existing savings grow to: —
Shortfall to fund: —
You will invest: —

If you start later

The cost of waiting, in monthly SIP terms.

Frequently asked

Why does the goal cost more than what I entered?: Because you will pay for it in future rupees, not today’s. The calculator inflates the cost you enter at the rate you choose, so the target is what the same thing is expected to cost on the day you actually buy it.
What inflation rate should I use?: General inflation in India has broadly run around 5–6%. Education and healthcare have historically run hotter — 8–10% is a common planning assumption for those. Pick the rate that matches the goal, not the headline number.

More calculators

SIP CalculatorWhat a monthly mutual fund SIP grows to — with optional annual step-up.
Lumpsum CalculatorCompound growth on a one-time investment, year by year.
EMI CalculatorLoan EMI, total interest and a full year-wise amortisation schedule.
FD & RD CalculatorMaturity value of fixed and recurring deposits, compounded properly.
Retirement PlannerThe corpus your retirement needs and the SIP that gets you there.
Income Tax CalculatorNew vs old regime, side by side, with the slab-wise breakdown.