Wedding Cost Planner Calculator
Plan Your Dream Wedding with Confidence
A wedding is a celebration of love, but its costs can add up quickly. Our Wedding Cost Planner Calculator helps you estimate the future cost of your dream wedding and the monthly savings needed to achieve it, factoring in inflation, investment returns, and time. Whether you’re planning a grand celebration or an intimate gathering, this tool ensures your special day is financially stress-free.
Start by entering the current estimated wedding cost—covering venue, catering, attire, and more, like ₹15 lakh for a mid-sized event or ₹50 lakh for a lavish one. Specify the years until the wedding, from 1 to 20, based on your timeline. Input the expected inflation rate (e.g., 5% for wedding expenses) and annual return (e.g., 8% for mutual funds). Add any initial investment, or set it to 0 if starting fresh. The calculator projects the future cost and monthly savings required, guiding your savings plan.
Wedding costs rise with inflation, often at 5-7% annually. For example, a ₹15 lakh wedding today could cost ₹24.46 lakh in 10 years at 5% inflation. Saving ₹13,168 monthly at 8% return meets this goal without an initial investment. With a ₹2 lakh initial investment, monthly savings drop to ₹11,805. Shorten to 5 years, and you need ₹36,264 monthly; extend to 15 years, and it’s ₹5,926. Test different rates or timelines to find your balance—perhaps ₹15,000 monthly at 7% for an 8-year goal.
Smart planning means choosing the right savings vehicle. Mutual funds or SIPs suit long-term goals (5+ years) with higher returns but risk; FDs or RDs are safer for shorter horizons. Start early to leverage compounding—₹5,000 monthly at 8% for 10 years yields ₹9.14 lakh, but only ₹3.45 lakh in 5 years. Automate savings via SIPs or bank accounts and cut non-essential expenses to boost contributions. Plan for unexpected costs, like last-minute decor, to avoid debt. This calculator helps you explore scenarios, but consult a financial advisor for high-risk investments or complex plans.
Your wedding is a milestone, not a financial burden. This calculator turns your vision into a plan. As of April 2025, with rising costs and investment opportunities, starting now is key. Input your details, adjust the variables, and save for your perfect day. Let this tool guide you toward a celebration filled with joy, not stress, ensuring every rupee saved makes your wedding unforgettable.