Fixed Income Planner
Calculate how much you need to invest to receive your desired monthly or yearly income through FD, bonds, or other fixed-income products.
Income Planning Details
Income distribution schedule
Min: ₹100•Max: ₹1,00,00,000
Min: 0%•Max: 20%
Min: 3 M / 1 Y•Max: 120 M / 10 Y
Required Deposit Amount
Total Payout Over 5 years - ₹3,00,000
Investment vs. Total Payout
About Fixed Income Planner & Frequently Asked Questions
What is the Fixed Income Planner?
The Fixed Income Planner is an institutional-grade financial modeling tool that computes the exact lump-sum capital required today to generate a guaranteed monthly or annual income stream. Unlike accumulation calculators that estimate final maturity, this tool works backwards to establish the principal needed for Post Office MIS, Senior Citizen Savings Scheme (SCSS), corporate bonds, or non-cumulative bank deposits. If you prefer market-linked mutual fund payouts, explore our SWP Calculator.
Where and Why is it Helping?
- Secures Predictable Cashflow: Vital for retirees or freelancers needing guaranteed monthly income to cover living expenses without risking principal.
- Customized Payout Intervals: Model whether monthly, quarterly, semi-annual, or annual payouts best align with household cashflow needs.
- Compare Against Fixed Deposits: Check standard cumulative interest growth options using our FD Calculator.
- Full Lifecycle Integration: If you want to model both early accumulation and retirement payouts in a single framework, use our Combined Investment Planner.
How to Use the Calculator
- Define Your Target Income: Input the exact monthly or yearly payout amount you wish to receive.
- Set Interest Rate: Enter the annual interest rate of the FD, bond, or income scheme.
- Choose Investment Tenure: Input the number of years you plan to lock in the deposit.
- Select Frequencies: Choose your payout frequency (how often you receive cash) and interest compounding frequency (how often interest is calculated on the principal).
- Review the Requirements: The calculator displays the total lump sum deposit needed, the total payouts you will receive over the tenure, and your effective annual yield.
The Formula & Example
- Nominal Required Deposit: Deposit = Target Payout per period / (Interest Rate per period). When compounding is involved, it calculates the principal needed to generate the desired payout at each interval.
- Effective Annual Yield (EAY): EAY = [(Total Interest Earned / Principal) / Tenure in Years] * 100.
- For example, if you want a fixed monthly income of ₹25,000 for 5 years from a bank deposit offering a 7.2% annual interest rate, and you choose a monthly payout frequency with quarterly compounding, the calculator computes that you need a lump sum deposit of approximately ₹41,66,700. Over 5 years, you will receive a total payout of ₹15,00,000, and your principal remains fully intact at maturity.
About Fixed Income Planner & Frequently Asked Questions
What is the Fixed Income Planner?
The Fixed Income Planner is an institutional-grade financial modeling tool that computes the exact lump-sum capital required today to generate a guaranteed monthly or annual income stream. Unlike accumulation calculators that estimate final maturity, this tool works backwards to establish the principal needed for Post Office MIS, Senior Citizen Savings Scheme (SCSS), corporate bonds, or non-cumulative bank deposits. If you prefer market-linked mutual fund payouts, explore our SWP Calculator.
Where and Why is it Helping?
- Secures Predictable Cashflow: Vital for retirees or freelancers needing guaranteed monthly income to cover living expenses without risking principal.
- Customized Payout Intervals: Model whether monthly, quarterly, semi-annual, or annual payouts best align with household cashflow needs.
- Compare Against Fixed Deposits: Check standard cumulative interest growth options using our FD Calculator.
- Full Lifecycle Integration: If you want to model both early accumulation and retirement payouts in a single framework, use our Combined Investment Planner.
How to Use the Calculator
- Define Your Target Income: Input the exact monthly or yearly payout amount you wish to receive.
- Set Interest Rate: Enter the annual interest rate of the FD, bond, or income scheme.
- Choose Investment Tenure: Input the number of years you plan to lock in the deposit.
- Select Frequencies: Choose your payout frequency (how often you receive cash) and interest compounding frequency (how often interest is calculated on the principal).
- Review the Requirements: The calculator displays the total lump sum deposit needed, the total payouts you will receive over the tenure, and your effective annual yield.
The Formula & Example
- Nominal Required Deposit: Deposit = Target Payout per period / (Interest Rate per period). When compounding is involved, it calculates the principal needed to generate the desired payout at each interval.
- Effective Annual Yield (EAY): EAY = [(Total Interest Earned / Principal) / Tenure in Years] * 100.
- For example, if you want a fixed monthly income of ₹25,000 for 5 years from a bank deposit offering a 7.2% annual interest rate, and you choose a monthly payout frequency with quarterly compounding, the calculator computes that you need a lump sum deposit of approximately ₹41,66,700. Over 5 years, you will receive a total payout of ₹15,00,000, and your principal remains fully intact at maturity.