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Every individual has various life goals that may be related to entrepreneurship, travel, retirement, home-ownership or child education, among others, for which they need to build a substantial corpus over mid-to-long term. It is also important to factor in the rising rates of inflation, competing financial priorities, limited savings, the volatility of markets when making investment plans.Most of us are unaware whether we will be able to reach our goals in a given time-frame. This is where Life Goal Calculator may help you find where you currently stand and enables you to take steps required to meet your financial targets....Read More

Life Goal Calculator

Your Goal

Select the Life Goal you want to achieve
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Present Value Of Goal

Enter the present amount of your Life Goal
₹

1 Lakh

₹100 Crore

Please Enter a Value between 1 Lakh to 100 Crore

Time Horizon of Goal

Input the timeframe in which you wish to achieve your Life Goal
Years

5 Years

50 Years

Please Enter a Value between 5 Years to 50 Years

Expected Return (Annually)

Enter the expected Growth Rate Assumed (Annually)
%

1%

20%

Please Enter a Value between 1% to 20%

Expected Inflation Rate

Enter the assumed inflation rate by which your Life Goal amount may increase in future
%

1%

10%

Please Enter a Value between 1% to 10%

Value of your goal amount will be After

Regular Pay vs Limited Pay

Compare and understand which payment frequency is better for you

Regular Pay

Monthly Premium

₹19,993.60

Annual Premium

₹2,39,923

What you invested

₹47,98,464

Limited Pay

Premium Paying Term

Enter the number of years for which you want to invest to earn the amount required to achieve your Life Goal
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Monthly Premium

₹19,993.60

Annual Premium

₹4,47,988

What you invested

₹22,39,990

What you saved

₹19,993.60

Cost of Delay Calculator

Delaying by the months of payment will affect the future return by a great difference, Check now!

Delay of Payment (In Months)

Select by how many months you wish to delay your investment
Months

1 Month

30 Months

Please Enter a Value between 1 Month to 30 Month

Future Value at Maturity

₹47,98,464

Value lost at Maturity

₹19,993.60

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Written ByPalak Bagadia
AboutPalak Bagadia
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Palak Bagadia, Associate – Digital Marketing at Bajaj Life Insurance, with experience spanning content and performance marketing, recruitment, employee engagement in the BFSI industry, with a strong understanding of the insurance sector.
Reviewed ByRosy Pathak
AboutRosy Pathak
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Rosy Pathak, AVP- Product and Brand Marketing at Bajaj Life Insurance carries over 17 years of experience in Marketing and a demonstrated history of working in the insurance industry. She is skilled in Product Management, Planning and Strategy, Project Management, Marketing and Communication.
Written on: 10th September 2025
Modified on: 08th October 2025
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What is a Life Goal Calculator?

Life Goal calculator helps you understand, how much you need to invest today, to accumulate the amount you need for your future Life Goals. A person needs to feed in the desired life goal, rate of inflation, time horizon of the goal and the present value of the goal. Basis these details, the calculator helps them know the total amount required to meet the mentioned goal in the future along with resulting monthly and annual premiums.

This calculator gives the results in form of limited pay term and regular pay term to help you understand the total amount to be paid and the money you may save at the end of the year through different premium paying term options.

Also, it has a feature of Cost of Delay Calculator which is designed to help you understand the impact on your finances if you delay your investment by a few month(s) or year(s). It will help you in estimating how much extra you will have to pay for the similar plan benefits in the long term if you don't invest now.

How To Use Bajaj Life Insurance Life Goal Calculator

Why is it important to plan your finances to achieve your life goals?

One of the biggest mistakes you can make is not monitoring your investment options and your preparedness for achieving your life goals. Investment and financial planning require time and attention, and it is critical to review your plan on a regular basis to take into account the changing market conditions, risk profiles and priorities. A financial plan helps you be in control of your income, expenses and investments thus enabling you to manage your money and achieve your financial goals. Your risk appetite changes with your age. The earlier you start investing, the higher is the risk taking capacity, which may, in turn, offer expected returns.

How do I know where I stand in my wealth creation journey?

Whether you are a millennial at the beginning of your career, a 40-something professional, or self-employed, you will have some targets in life. But how much savings is enough by a certain age, with a particular income, to fulfill your life goals? One can never be too sure where they currently stand in their wealth creation journey..

For example, if you want to build a corpus of Rs.20 lakhs for your child’s education through investments, you need to grow this amount by the time they turn 18. Not a year later. This is where financial planning becomes essential. The Life Goal calculator lets you know the amount you need to invest today to meet your future life goal.

Why is it important to start investing early?

1

You can see the power of compounding well, when you invest money for a longer period of time, say 15-20 years and more

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2

You develop a behavioral approach of saving in life with early investment

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3

You can have peace of mind that your hard-earned money is not being spent irresponsibly

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4

Provide a safe and sound financial future to meet your life goals

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5

It allows you to plan other expenses accordingly

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How can Bajaj Life help you in your investment journey?

To achieve your #LifeGoals, financial planning needs to be at the forefront! No matter what the objective for accumulation of funds is, a systematic financial plan disciplined towards your life goal planning is how you can get your #LifeGoalsDone
Bajaj Life Insurance offers several products which may help you gain benefits at an affordable investment and may help channelize your hard earned money towards realizing your life goals.

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Terms & Conditions

I hereby authorize Bajaj Life Insurance Limited. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business

 

Please refer to BALIC Privacy Policy

Disclaimers:
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1. Values reflecting are rounded to nearest decimal

2. The returns generated from the above calculator is completely and solely based on the accuracy and completeness of the data you have entered, is for illustrative and general information purposes only, and is not intended to provide specific financial advice. While proper caution has been taken in designing this calculator, Bajaj Life Insurance Limited. assumes no liability for the accuracy of the information and data provided through this calculator. Please seek advice from your financial consultant before making any investment decision.

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Terms & Conditions

I hereby authorize Bajaj Life Insurance Limited. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business

 

Please refer to BALIC Privacy Policy

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Disclaimer

For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. The names of the Company, Products/Plans/funds do not indicate the quality and its future prospects or returns. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values & the customer shall be responsible for his/her decision. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Goods and Services Tax will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.

This calculation and results displayed are based on information provided and certain assumptions about the rates of return. It is for assistance only and does not constitute an offer or solicitation. It is not intended to be and must not alone be taken as the basis for an investment decision. Kindly note that the returns are only illustrative and they are not guaranteed. The returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance. Bajaj Life Insurance Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information reported by the calculator.

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