What is Child's Marriage Planning Calculator?

A Child's Marriage Planning Calculator gives you an estimate of how much amount you should invest to plan your child's wedding. Our calculator gives you the inflation-adjusted budget that you can expect to spend for your child's wedding. Marriage planning calculator helps you take the right financial decision. It can also helps you to plan your investment in a better way. By using this calculator, you can get a perfect estimate of the returns you would get on your investment for yours child's marriage.

How our child's marriage planning calculator works?

Input Description
Amount required to achieve goal This is your desirable amount that you want for your child's marriage
Money required after years Time duration in years after which you require money
Expected rate of return This is the percentage return per year at which you want to invest your money
Inflation rate The rate at which prices increase over time
Output Description
Total Amount Required This is your desirable amount that you want for your child's marriage
Future Value of Amount Required It is the future value of your required amount. It is the value of a current amount(in our case, required amount) after required years depending upon the inflation rate
Lumpsum Investment Required It is one-time investment that you can do to get you desirable future amount after retirement
SIP Investment - Monthly Investment Required of It is SIP investment (monthly investment) till your retirement age that you can do to get you desirable future amount after retirement

Why should you calculate expense (Plan) of your child's Marriage?

By calculating child's marriage expense from now, you are able you invest money for long time and in a small amount also. You are free from investing all amount at the time of your child's wedding. After knowing expense for your child's marriage, you can invest in mutual fund schemes to get better return than FD.

Which are the types of investment for child's marriage ?

SIP Investment - Systematic investment. In this investment type you can invest a small amount every month over the perticular time period and get returns on your investment.
Lumsum Invesment - One time investment of a big amount. In this type of investment you are able to invest big amount at one go over perticular time duartion. No need of investing every month.

What are the benefits of calculating child's marriage expense?

  • Helps you to estimate expense of your child's wedding.
  • Giving you a clear picture of an investment you should do from now.
  • Helps you to invest in small amount for particular period to fullfill your goal.
  • You do not need any financial consultant or expert to manage your wedding cost.
  • You can also get returns on your investment over different time stages.
  • After knowing expense for your child's marriage, you can invest in mutual fund schemes to get better return than FD.
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