Goal calculator
What it will cost by then
A date you can count to, and a number that will not be the number you have in your head today.
Weddings have historically risen faster than general inflation. This is an assumption you can change, not a forecast.
Monthly amount needed
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Indicative only, based on the assumptions below. Not an offer or a guarantee.
What this assumes
- A constant rate of cost inflation, applied evenly. Wedding costs do not rise evenly.
- The monthly figure is rounded up to the nearest hundred, because a fund house will take ₹5,000 and not ₹4,930, and overshooting a goal is the safe direction.
- Marriage at the age you set. Nothing on this page assumes an age for anyone — it is your figure.
The boring bit
A cost with a date attached
Most large expenses arrive without warning. This one does not — the year is knowable from the day the child is born, which makes it one of the few costs that can genuinely be funded rather than absorbed.
The reason the future figure looks alarming is compounding working against you. At 7%, a cost doubles in roughly ten years; over the seventeen years between a child of eight and a wedding at twenty-five it slightly more than triples. The number in your head is almost certainly today’s number, and today’s number is not what will be asked for.
The corresponding good news is that the same arithmetic runs in your favour on the funding side, and for exactly as long. That symmetry is the entire argument for starting when the date is far away rather than when it is close.
Cost = today’s cost × (1 + inflation)^years; monthly = cost ÷ [((1+i)^n − 1) ÷ i × (1+i)]
FAQ
Questions about this calculator
Why plan for this at all?
Because unlike most expenses it has an approximate date attached, and a date is what makes a cost fundable. The alternative is meeting it out of savings meant for something else, or out of a loan, which is how a single event undoes several years of planning.
Should this be a separate investment?
Earmarking it separately makes it far more likely to survive, simply because money without a name attached gets spent on whatever comes first. Whether it needs a separate account or just a separate line in a plan is a matter of temperament.
Seven per cent inflation seems high.
For general prices it would be. Wedding costs have historically run ahead of general inflation, and the components people actually spend on — venue, catering, gold — have risen faster still. Lower it if you disagree; the figure moves a great deal.
Turn the number into a plan
A calculator gets you to a figure. Getting there needs a product, and that is the part we do.