How much do I need to save?
Cost today
Target Tenure
Current savings
Mthly savings
Return on savings
Inflation
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You need to save (Rs.)
p.m
At the time of event it would cost (Rs.)
You should be able to save (Rs.)
You may need to borrow (Rs.)
The amount you need to save every month depends on:
- The cost of the event today, time horizon and expected inflation rate.
- Your current savings and the return you get on your investment.
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