Child Marriage Calculator
Plan your investments for your child's wedding expenses
Wedding Details
Financial Assumptions
Your Child's Wedding
Strategic Planning for Your Child's Wedding
Financial Assessment
Begin with a comprehensive financial assessment to determine your target savings goal. Consider factors like venue preferences, guest count, and celebration style to establish a realistic budget framework.
Investment Strategy
Choose appropriate investment vehicles for your wedding fund. Options include dedicated savings accounts or diversified investment portfolios tailored to your timeline and risk tolerance.
Strategic Planning
Develop a structured monthly savings plan. Analyze your current expenses to identify areas where you can optimize spending and redirect funds toward your wedding savings goal.
Investment Avenues
Benefits of Wedding Planning Calculator
Accurate projection of future wedding costs
Customized savings strategies based on timeline
Inflation-adjusted calculations
Clear monthly investment targets
Building a Wedding Corpus
Enter your child's current age, expected wedding age, estimated current wedding cost, and inflation rate. The calculator projects the future cost and shows the monthly investment needed. It also models different scenarios (modest, mid-range, and lavish) so you can plan according to your family's expectations.
Frequently Asked Questions
How much does a wedding cost in India?
Indian weddings cost Rs 5-15 lakh for modest celebrations, Rs 15-50 lakh for mid-range weddings, and Rs 50 lakh to several crores for lavish affairs. The average middle-class wedding costs approximately Rs 10-25 lakh including venue, catering, jewellery, clothing, and ceremonies. Wedding inflation is approximately 8-10% annually.
How early should I start saving for my child's wedding?
Start when your child is young. If your child is 5 and you plan for a wedding at age 25, you have 20 years. To accumulate Rs 50 lakh in 20 years at 12% returns, you need approximately Rs 5,500 per month. Waiting until your child is 15 (10 years to go) requires approximately Rs 21,500 per month.
Which investment is best for a wedding fund?
For goals 10+ years away, equity SIPs offer the best growth potential. As the wedding approaches (5 years before), start shifting to balanced funds and then to debt. Avoid locking money in endowment policies or gold schemes with high premiums. Systematic investing in mutual funds offers better returns and flexibility.
