The financial goal calculator helps you identify the future value of your financial goals and the savings required to achieve the same.
A financial goal planner brings together your retirement needs, investments, and critical life milestones to understand the amount required to fulfil your financial goals. Look at the variables involved:
The number of years you have to achieve your goal
The present value of your goal
Your current savings to achieve the goal
Expected rate of inflation in the economy
The expected rate of return on your investment to achieve the goal
After considering the above factors, get the future value of the goal and the savings required per month to achieve the same.
The financial goal calculator helps develop a comprehensive plan for your life's significant events, like buying a property or a vehicle, planning your children's higher education or marriage, vacation, etc. You can chart your financial plan by inputting your time to achieve the goal, amount required, savings, and rate of return. The calculator will tell you how much money you need to invest in fulfilling your goals on time.
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