My family plan

How the plan is worked out

Each goal's cost today is grown by its own inflation rate to the year you need it. Money already saved grows at the assumed return. The monthly SIP needed to fill the gap is then worked out for the goal's time frame.

• More than 7 years away: equity funds, at the equity return you set.
• 3 to 7 years away: hybrid funds, at the hybrid return.
• Under 3 years away: debt or liquid funds, at the debt return.

These are assumptions, not promises. Returns vary year to year, and a real plan also moves money from equity to safer funds as each goal comes closer. Your plan is saved on this device only.

Questions families ask about the plan

Which goals should I add first?

Start with the ones that cannot move: retirement and children's education. Add the house, car and travel goals after that. An emergency fund is not a goal here — build it first, before any SIP.

What if the total SIP is more than I can afford?

That is common and useful to know. Push the less important goals later by a year or two, lower their target slightly, or plan to step up your SIPs every year with your salary. Do not raise the return assumption to make the numbers fit.

How often should I update the plan?

Once a year, and whenever life changes — a new child, a job change, a home loan. Each review, check how far each goal has come and whether its time frame now needs a safer mix.