Apr 20, 2017 3 min read

Finance Your Goals with Mutual Fund Goal Planner

If you want to live your dream and accomplish your financial goals, then goal planner is what you need. Read to know what it provides.
There is a saying that goes, “Discipline is the bridge between goals and accomplishment.” And when it comes to financial goals, discipline combined with smartness is the key to success. Do you have any financial goal in life which you wish to achieve within the time-frame? Of course, you would have, there are some common objectives which are desired to accomplished by all. Here we will tell you about the “Goal Planner” which is expressly designed to help you achieve your varied financial dreams.

Everyone has dreams and aspirations which take us ahead in life and assist in shaping our future. Though we differ from each other in some way, our goals are altogether common. Buying a big house, owning a luxury car, ensuring child’s future, or accumulating wealth for the retirement, are the primary objectives in everyone’s life. What we need to achieve them is the adequate sum of money at the right time. But how to get that huge capital? The only answer is savings and investments.

Mutual funds are the most suitable investment platform which helps in achieving the financial goals with ease. Whether one has the long-term wealth creation goal or needs short-term financial stability, mutual funds have a solution for every investor. In order to plan your goals with mutual funds, the ‘Goal Planner’ is designed which lets the investors do planning with accuracy for the purpose of achieving assured returns for the accomplishment of their goals.

Mutual funds have the variety of schemes having similar objectives, and thus it is quite difficult to make a choice for the portfolio. You are being facilitated with this financial goal planner at MySIPonline which will assist you in making a plan that will work for your future. The different goals which can be planned with the goal planner are:

1.Wealth Building

Creating a huge wealth for accomplishing the luxury endeavours in life is dreamt by everyone. Saving a small amount can definitely increase your financial stability but cannot assure the wealth creation. For that, you need to earn heavy returns on a regular basis. Mutual funds provide the same. There are many schemes which have offered CAGR at 20% in the recent past and even more than that. The wealth building calculator considers your risk appetite, investment value and tenure to compute the net amount that you can fetch. It further recommends the schemes and a set strategy which can help you achieve such value.

2.Child’s Future

Providing first-class education or arranging a lavish wedding for the children is another important goal in everyone’s life. The child planning calculator in the goal planner helps you ascertain the regular amount you need to park in the best child plans for the purpose of accomplishing your goal. The values so computed are based on the net present value, and thus you can plan safely with the calculator irrespective of the inflation hikes.

3.Retirement Planning

A comfortable retirement, which is an ultimate goal of every individual, can also be planned with the goal planner. By considering your future expenses and other factors, the retirement calculator computes the exact value of money that would be required in the retired life. Then, it generates the total corpus required and further recommends the ways of making such money within the time-frame by choosing the best retirement funds.

4.Vacation Planning

We all have the desire to enjoy our dream holidays with the family. Mutual funds provide the best solution for the same as well. You can plan your vacations with goal planner. The vacation calculator considers the vacation expenses including the accommodation, tickets, etc., to compute the net value that would be required for a holiday. Furthermore, it recommends the best vacation plans in India as per your risk appetite to achieve the goal within the time span.

This way, it has become quite simplified for the investors to make their investment successful. The goal planner of MySIPonline is designed keeping all the major factors in consideration so as to build a worthwhile portfolio to accomplish the financial goals in time.

So if you have a goal set in your mind and want to make an effective plan for the purpose of accomplishing the same, then MySIPonline and its team will definitely assist you. Start planning your financial goals and finance them with the best recommendations of mutual funds by our experts.

Disclaimer:- MySIPonline vouches for the integrity, certainty, reliability and accuracy of any content published via articles, handles, papers, charts, or in any other form or manner on its website, or the information contained, published or exhibited on any other website which in any manner is linked with MySIPonline, and clarifies that all the data or figures available on the website are solely for illustrative and educational purpose. The recommendations or fund suggestions are incidental or ancillary to the mutual fund distribution which are made in good faith in reference to the prevailing trends of the financial or securities market. The information and suggestions provided by MySIPonline through its articles or other content postings are for informative purpose only and in no context related to an investment, financial or tax advice. MySIPonline intends to abide by the current SEBI guidelines and requirements and hence, holds no intention of bestowing financial advice.