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.
| 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 |
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.
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.