Free tool
Savings goal calculator
Find what to set aside each month to reach a target by a date.
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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.
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