1) Future value of Goal Amount

Enter below variables from row 3 to 6

Kid's Age
No of years left to go to college
Education Inflation
Cost of college education - Today's value
Existing investment Amount if any ( if already invested)
Future value of College Education

2)Required yearly savings amount to meet the Target Goal value

Required Savings per year
Required Savings per year
Required Savings per year

Required monthly savings to meet the Target Goal value

Required Savings per month
Required Savings per month
Required Savings per month
Kindly find CALCULATOR in the next SHEET

al Amount
5
12
10%
-500000
-50000
INR

(Enter 10% to 15%)

(Cash outflow hence enter negative value)
(Cash outflow hence enter negative value) (optional)

1,569,214

meet the Target Goal value

INR

If Savings are invested in Fixed deposits and

(70,930) Expected Rate of Return from Fixed Deposits
is

INR

(66,043) Expected Rate of Return

from Mutual funds

10%

INR

(56,951) Expected Rate of Return

from Stocks

12%

9%

t the Target Goal value

INR

If Savings are invested in Fixed deposits and

(5,520) Expected Rate of Return from Fixed Deposits
is

INR

(5,079) Expected Rate of Return

from Mutual funds

10%

INR

(4,262) Expected Rate of Return

from Stocks

12%

9%

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144
0.0075
0.0083333
0.01

Example :

Mr Sundaram has a 5 year old kid and will go to college in 12 years

from now. He already accumulated Rs 50 k towards his
kid's education goal. He came to know that the average cost of college
educatin is Rs 5 Lakh.
He wants to know 1) what is the cost of college education in
in 12 years from now?
2) What is the yearly or monthly savings that he needs to do?

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college in 12 years
towards his
erage cost of college

ge education in

he needs to do?

Future value of Goal Amount

Enter below variables from row 3 to 6
Kid's Age
No of years left to go to college
Education Inflation
Cost of college education - Today's value
Existing investment Amount if any ( if already invested)
Future value of your goal amount

Required yearly savings amount to meet the Target Goal value

Required Savings per year
Required Savings per year
Required Savings per year

Required monthly savings to meet the Target Goal value

Required Savings per month
Required Savings per month
Required Savings per month

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al Amount

(enter 10% to 15%)

(Cash outflow hence enter negative value)
(Cash outflow hence enter negative value) (optional)

INR

meet the Target Goal value

#VALUE!

If Savings are invested in Fixed deposits and

Expected Rate of Return from Fixed Deposits
is

#VALUE!

Expected Rate of Return

from Mutual funds

10%

#VALUE!

Expected Rate of Return

from Stocks

12%

9%

et the Target Goal value

#VALUE!

If Savings are invested in Fixed deposits and

Expected Rate of Return from Fixed Deposits
is

#VALUE!

Expected Rate of Return

from Mutual funds

10%

#VALUE!

Expected Rate of Return

from Stocks

12%

e and receive regular updates on personal finances - Click here..

9%

(You can change Returns percentage values) (optional)

0
0.0075
0.0083333
0.01