🎲 Fun & Lifestyle
Savings Goal Calculator
How much to save every month to hit your target.
Enter values to see your result
Frequently asked questions
What vehicle should I use?
Horizon <1 year: savings account or liquid fund (3.5–6%). 1–3 years: short-term debt fund or FD (6–7%). 3+ years: debt-equity mix based on risk appetite.
How much emergency fund do I need?
3–6 months of essential expenses is the typical recommendation. 6 months for variable-income earners (freelancers, commission-based), 3 months for salaried with job security.
Should I factor inflation into the target?
For goals within 2 years, no. For 3+ years, yes — inflate the target by 6% per year to maintain purchasing power.
What if I can't afford the required amount?
Three levers: (1) extend timeline — the biggest lever, (2) accept partial funding, (3) find a higher-yield vehicle (only if risk-appropriate for the horizon).