Any thoughts on financial planning though mutual funds investments require a rough estimates of your goals in financial terms and you need simple calculators or estimators because of rate of return may not be certain in most of the cases. We shall design simple but free calculators for our personal finance analysis.
SIP Calculator
The first calculator is the popular SIP or Systematic Investment Planning Calculator. I have devised a simple calculator on open Google spreadsheet which every body can use and download if they want. If you fill any target amount for your financial goal be it purchase of car, children’s education or marriage and indicate a return which you may expect from a particular mutual fund scheme, you will get the amount to be saved every month to achieve the target. Next sheet will show the cash flow month wise and a chart sheet is automatically calculated.
Mukundan SN, CFA, CFP
Financial and Retirment Planner
Other Blog: http://reliablefinanceplanner.blogspot.in
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