1. Why Goal-Based Investing?
Every rupee needs a name and purpose.
Random investing: Market-ஐ பாத்து react. No anchor.
Goal-based: '2031-ல house, ₹20L' — crash = temporary setback only!
2. SMART Goal Framework
- Specific — "₹30L child education fund"
- Measurable — Exact amount, not "enough money"
- Achievable — Realistic to current income
- Relevant — Matches your life stage
- Time-Bound — "2039 June" not "15 years"
3. 5 Key Life Goals
Emergency
Always First!
House
3-7 years
Education
10-18 years
Retirement
20-30 years
FI
10-20 years
4. Goal 1: Emergency Fund — ALWAYS FIRST!
3-6 months expenses · Liquid Fund (T+1, 6-7%) · Without this, all other goals at risk during personal crisis!
5. Goal 4: Retirement — The Biggest Goal!
Corpus = Annual Expenses × 25
₹1L/month → ₹12L/year → ₹3 Crore corpus needed!
Start at 25: ₹16,000/month · Start at 35: ₹22,000 · Start at 45: ₹55,000+
Time is EVERYTHING. Start today!
6. Goal 5: Financial Independence
FI Number = Annual Expenses × 25. Passive income from corpus covers all expenses. Work becomes optional!
| Monthly Expense | FI Corpus | Monthly SIP (25yr) |
|---|---|---|
| ₹50,000 | ₹1.5 Crore | ₹8,000 |
| ₹75,000 | ₹2.25 Crore | ₹12,000 |
| ₹1,00,000 | ₹3 Crore | ₹15,000 |
7. Goal Prioritization Order
- Emergency Fund — Always first!
- ELSS/Tax Saving — Immediate return on investment
- Retirement SIP — Time matters most here
- Child Education — Start at birth if possible
- House Down Payment — After above running
- FI/Wealth Creation — As income grows
8. Separate SIP per Goal
Every goal → separate fund → separate SIP. Never mix! If you mix, goal tracking impossible and emergency goals fail each other.
| Goal | Fund Type | Timeline |
|---|---|---|
| Emergency | Liquid Fund | < 1 year |
| House (5yr) | Balanced Advantage Fund | 3-7 years |
| Education (15yr) | Flexi Cap + Index | 10-18 years |
| Retirement (25yr) | Index + Flexi Cap | 20-30 years |
| FI (20yr) | Max Equity: Index + Mid | 15-25 years |
9. Inflation Adjustment — Real Numbers!
Today's ₹10L = 10 years-ல ₹19.7L = 15 years-ல ₹27.6L!
Always set inflation-adjusted targets. Education cost: 10%/yr inflation.
Today's education cost × 2.5 = 10-year future cost (approx).
10. Sample Goal Portfolio
32-year-old, ₹25,000 total SIP:
| Goal | SIP | % | Fund |
|---|---|---|---|
| 🚨 Emergency | ₹2,000 | 8% | Liquid Fund |
| 👴 Retirement | ₹8,000 | 32% | Index + Flexi Cap |
| 🎓 Education | ₹6,000 | 24% | Flexi Cap Fund |
| 🏠 House | ₹6,000 | 24% | Balanced Advantage |
| 🧾 ELSS Tax | ₹3,000 | 12% | ELSS Fund |
11. Video Watch பண்ணுங்க!
5 goals, SMART framework, separate SIPs, retirement 25x rule, inflation adjustment — Advanced Module Day 19.