πŸ’° Finance Calculators

Savings Goal Calculator

Enter your savings goal, target date, and current savings to calculate how much you need to save each month to get there.

$357.49
per month, for 24 months

How to use this tool

  1. 1Enter your savings goal amount and target date.
  2. 2Enter what you've already saved and an expected annual interest rate.
  3. 3See the required monthly contribution to hit your goal.

Frequently asked questions

What interest rate should I use?
Use your actual savings/investment account's rate if you know it β€” for a basic savings account this might be 1–5%, for a diversified investment account it's often modeled around 6–8% long-term, though returns aren't guaranteed.