Being a Crorepati is easier than ever !
Who doesn’t dream of being a crorepati? But it takes certain calculations and proper decision making to be able to achieve the crorepati dream. It is difficult but not impossible. Here is a simple calculator to make things easier for you.
You can simply input your present age and the age by which you want to become a crorepati. Add in your present savings and the interest rate it is being compounded by. The higher the interest rates, higher will be the return amount to your savings, so it is very important to choose a financial institute which offers healthy interest rates. This calculator will approximate the monthly amount you should be saving in order to achieve your goal.
I am about
years old and want to be a Crorepati in
years. My initial Investment will be
and I expect an annual return of
from my savings/investments.
To reach a total sum of ₹ 1 Crore in years(or at the age of ), you will have to save/invest
Total Savings Explained
|Years||Initial Investment Compounded||Total Savings Compounded||Total Monthly Deposits|