Savings Goal Calculator

Find out how much to set aside each month to hit your savings target.

Savings Goal ($)

Current Savings ($)

Years to Save

Annual Return (%)

Save Each Month

Total you contribute	$0
Growth from returns	$0

How it works

The calculator works out the fixed monthly contribution needed so that your current savings plus future deposits — both growing at your expected annual return — reach your goal by the target date. It uses the future value of an annuity formula, compounded monthly.

Tips

Even a modest expected return meaningfully lowers the monthly amount needed.
Automate the monthly transfer so you never miss it.
Revisit the plan yearly and adjust for raises or changes.