Savings Goal Calculator
Find out how much to save each month to reach a goal by your target date. Add an optional starting amount and interest rate, and see how much of the goal comes from your contributions versus interest. Updates as you type.
FAQ
How much should I save each month to reach my goal?
Enter your target amount, your timeframe, anything already saved, and an expected interest rate. The calculator solves for the monthly contribution that gets you there, accounting for interest growth along the way.
Does it account for interest?
Yes. With an interest rate entered, it factors compound growth on your starting balance and contributions, so the required monthly amount is lower than just dividing the goal by the months.
What if I already have some savings?
Enter it as the starting amount. The tool grows that balance at your rate and only asks you to contribute the remaining gap, lowering your monthly saving.
Is this financial advice?
No — it's an educational estimate. Real returns vary, and it doesn't account for tax or inflation. Plan with it, then confirm with your own numbers.
More calculators: compound interest calculator, amortization schedule, and the full tools list.