Savings Goal Calculator
Enter your target amount, time frame, and expected return to see how much you need to set aside each month to reach the goal.
How it works
Assuming monthly compounding, it subtracts what your current savings grow into, then finds the equal monthly amount that fills the rest. The return is an assumption, not a guarantee. The closer your goal, the more the savings amount matters than the return.
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How to set money goals that actually work (SMART) →
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Frequently Asked Questions
How is the monthly amount calculated?
It subtracts what your current savings grow into, then spreads the rest evenly across the period (assuming monthly compounding).
Should I assume a high return?
The closer the goal, the more the saving amount matters than the return. For short-term goals, a conservative return is safer.
What about inflation?
The calculator works in nominal terms. For far-off goals, nudging the target up for rising prices is wise.
This calculator is an educational estimate, not individual financial advice. It does not account for taxes or inflation.