Goal-based SIP

Start from the goal: how much, and by when. This works out the monthly SIP that gets you there.

Monthly SIP needed

Invest $195 a month for 12 years

That reaches $60,000 in 12 years.

Goal amount

Years to the goal

yrs

Raise the goal for inflation

At 0%, the goal is the exact amount you need on the day.

Expected return

Saved already

Yearly increase in SIP

Goal on the day

$60K

in 12 years

You put in

$28K

Returns add

$32K

Path to the goal

Your investments

Years from now

Show the numbers as a table

Path to the goal: data
Year	Value
0	$0
1	$2,486
2	$5,271
3	$8,389
4	$11,882
5	$15,795
6	$20,176
7	$25,083
8	$30,580
9	$36,735
10	$43,630
11	$51,352
12	$60,000

How this is calculated

We grow your savings to the goal date, then find the SIP that fills the rest. A SIP’s final value scales with its amount, so the answer is the gap divided by what 1 a month would grow to.

goal = $60,000 × (1 + 0%)¹² = $60,000
SIP = (goal − $0 × (1 + 12%)¹²) ÷ value of 1 a month

The SIP is invested at the start of each month, growing at the monthly version of a 12% yearly return. Returns are assumed steady; for a goal under five years away, consider safer, lower-return options.