Financial Goal Planning
You can calculate future value of any financial goal or outflow. Typical goals are buying a home, children's education & marriage, world tour, retirement corpus gap saving and so on.
Please enter current cost of the goal and enter the time available to meet the goal (maturity) in years and months. So if today is 1-Oct-2014 and if the goal is due in 31-Dec-2016, then you can enter 2 in years field and 3 in months field.
If you have already saved for this goal, than this can be entered along with the expected return for this saving.
You can assign a different rate expected for incremental saving to be made to achieve this goal.
The Corpus Summary identifies the future value of the goal along with the future value of the saving you have already made for this goal. The difference, hence, is the gap.
You may need to save additional on a monthly or yearly basis, given a target rate of return.
This calculator is given on a best effort basis & is subject to our standard disclaimer & disclosure.