Savings goal calculator

Start with a target, add what you already have, and find the monthly pace that closes the gap.

Change the assumptions.

  • Savings target
  • Already saved
  • Annual rate (%)
  • Time horizon (years)

Open the interactive calculator to enter values and share a link containing the scenario.

A target becomes a rhythm.

The estimate grows the current balance monthly, then solves for the equal monthly contribution needed to reach the target by the end of the selected horizon.

The result is a mathematical estimate. It does not recommend a savings product or account, and actual rates can change.

Before you use the number.

What if I have already saved enough?

If the current balance would reach the target under the selected assumption, the required monthly contribution is shown as $0.

Are contributions made at the beginning or end of the month?

This calculator assumes contributions are made at the end of each month.