Free tool
Savings goal calculator
Overview
Find what to set aside each month to reach a target by a date.
Want this tracked every month? Wrenfold keeps your budget on your own device. See Wrenfold
Excel workbook · $14
Net Worth and Savings Goals Tracker
Record your balances once a month and watch your net worth, your goals and your debts change over the year.
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Put this tool on your own site
Free to use. Paste this where you want it to appear. It runs in the visitor's browser, so nothing they enter is sent to us, and the line under it links back to this page.
How it works
How it works
The calculator solves for the monthly deposit so that your starting savings plus deposits, compounded monthly at the rate you enter, reach the goal.
FAQ
About this calculator
Is the interest rate guaranteed?
No. Savings rates change. Enter a cautious rate, or 0 if you do not want to count on interest.
What if I already have enough?
The calculator shows $0 per month when your starting savings will grow to the goal on their own.
Does it account for inflation?
No. Prices may rise over the years, so you may want a higher goal.
Is anything saved?
No. The math runs in your browser and nothing you enter is sent to us.
Is this tax or financial advice?
No. It is a calculator for general information. Check the numbers against your own records, and ask an accountant before you act on them.
Read the guide: How to Find and Cut Subscriptions You Forgot About. Related: compound interest calculator, debt payoff calculator. See all free tools. More free tools: Credit card fee calculator, 1099-K reconciliation calculator, Current ratio calculator, or see all free tools.
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General information, not tax or legal advice. How we write and check our tools.
Excel workbook
Net Worth and Savings Goals Tracker
Record your balances once a month and watch your net worth, your goals and your debts change over the year.
Also in the Household Money Bundle: 3 products for $39 instead of $47 separately.
Wrenfold
Keep this going in a budget you own
Wrenfold keeps accounts, budgets, bills and goals on your own computer or iPhone, with budgets that roll over each month. Bring in a bank CSV or your You Need A Budget file, or keep balances current through SimpleFIN Bridge, a separate service you sign up for. $79 once, with an optional $5 a month for updates; the app keeps working if you stop. The free trial records up to 60 entries.
See Wrenfold Compare the three apps