No one will tell you to create more wealth with top-up or step-up your investment every year. Why do you need to increase your investment for a specifice goal?
It helps to achieve goal amount faster and you will have higher value of your investment.
Step-Up Sip Calculator
Online or spreadsheet will be used to know the future value of step-up SIP investment.
Step-Up SIP Calculator, in investment term or finance terminology, it is called future value of growing annuity (begin or end), Here begin or end means mode of payment.
Advanced level calculation used for customized financial planning. This type of calculation mainly used by CFP (Certified Financial Planner) Practioners (By FBSB India), SEBI RIA (Registered Investment Adviser) or IFA (Independent Financial Advisor) , CFA (Chartered Financial Analyst), Mutual funds distributors, Wealth Managers, Private Wealth companies.
There is no spreadsheet or excel formula to calculate this, but we can also use excel or spreadsheet to calculate future value of step-up sip.
Investors will achieve their goals faster, they may accumulate more corpus in future. Due to income increasing, you will be able to save more or increase your SIP investment amount subsequent years.
SIP Step-up calculation includes future value of growing annuity (begin) formula.
Formulas for growing annuity or SIP top-up or step-up
Suppose you want to accumulate a retirement corpus and want to know sip top-up amount. Go to our sip top-up calculator to know the exact sip top-amount.
Cross-verify, whether the calculator is financial calculations for the future value of step-up sip, is correct or not. I would recommend to check this calculation in excel or spreadsheet or google sheets.
Other online calculators do not give accurate sip step-up future value.