FREE FINANCIAL PLANNING TOOL

Savings goal calculator

Enter what you have saved, your target and how many months you have. See the monthly amount to set aside; savings interest is optional.

Start with the basics

Enter your amounts, then use the button below to see your result. Advanced options are optional.

Amount already saved ($) · requiredEnter 0 if you are starting without savings.Savings goal ($) · requiredMonths to reach the goal · required

Your result appears in the results panel after you calculate. Editing any amount clears the previous result.

Advanced optionsSavings interest: no growth assumed. Optional: open to add or change these assumptions.

Annual percentage yield / APY (%)Optional. Find APY in your savings account details. Leave blank to plan without interest; a blank does not mean your account pays 0%.

No signup required. Your entered amounts are not included in calculator analytics or sent to a lender.

YOUR RESULTS

Your result will appear here.

Fill in the basic fields and choose Calculate monthly savings. You can leave Advanced options closed for a basic estimate.

What this calculation means

The monthly rate is (1 + APY)^(1/12) − 1. Deposits happen at each month-end. The required monthly deposit is rounded up to the next cent; the resulting modeled balance can slightly exceed the target.

Assumptions and limits

Assumes a constant APY, uninterrupted monthly deposits, no withdrawals, fees or taxes. Savings yields can change. A displayed zero deposit means existing savings reach the nominal target under these assumptions; it is not a withdrawal recommendation.

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