Back to tools

Financial Goal Planner

Plan and prioritize your financial goals with systematic investment planning

Total Goals

2

Active goals

Current Savings

₹1,50,000

Across all goals

Required SIP

₹20,019

Monthly investment

Feasibility

99.9%

Deficit: ₹19

Your Financial Profile

20.0% of income

Add New Goal

Your Financial Goals

2 goals • ₹20,019/month needed
🚨

Emergency Fund

HIGH Priority 2 years

Target Amount

₹5,00,000

Current Savings

₹50,000

Required Monthly SIP

₹17,141

Progress 10.0%

Recommended Allocation:

Debt funds (60%)FD/PPF (30%)Liquid funds (10%)
🎓

Child Education

HIGH Priority 15 years

Target Amount

₹20,00,000

Current Savings

₹1,00,000

Required Monthly SIP

₹2,879

Progress 5.0%

Recommended Allocation:

Equity funds (70%)Debt funds (20%)International funds (10%)

Priority-Based Optimization

Your required SIP exceeds available budget. Here's how to allocate based on priorities:

🚨
Emergency Fund high
Allocated: ₹17,141
🎓
Child Education high
Allocated: ₹2,859
Shortfall: ₹19

Financial Goal Planning Tips

SMART Goal Setting

  • Specific: Define clear, specific goals
  • Measurable: Set exact target amounts
  • Achievable: Ensure goals are realistic
  • Relevant: Align with your life priorities
  • Time-bound: Set clear deadlines

Goal Prioritization

  • Emergency Fund: Always highest priority
  • Retirement: Start early for compound growth
  • Children's Education: Time-sensitive goals
  • House Purchase: Major life milestone
  • Discretionary Goals: Lower priority

Investment Strategy

  • Short-term (1-3 years): Debt funds, FDs
  • Medium-term (3-7 years): Balanced funds
  • Long-term (7+ years): Equity funds
  • • Diversify across asset classes
  • • Review and rebalance annually

Common Mistakes to Avoid

  • • Setting unrealistic targets
  • • Ignoring inflation impact
  • • Over-diversifying goals
  • • Not reviewing goals regularly
  • • Emotional investing decisions