Savings Goal Calculator

Set a target amount and timeline. We'll tell you how much to save each month, factoring in optional investment growth.

How to use this tool
  • Goal amountEnter how much money you want to accumulate.
  • Current savingsAdd what you already have saved toward this goal (optional).
  • Timeframe (years)Provide how many years you have to reach the goal. Use decimals for partial years.
  • Expected annual return (%)Optional. Enter an estimated annual rate of return if funds are invested. Use 0% for a no-interest plan.

Select Calculate monthly savings to see the deposit amount needed each month plus totals saved and interest earned. Reset clears the fields.

Return is optional—set it to 0% for a cash-only plan. We assume monthly deposits at the end of each month.

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