Savings Goal Calculator
Plan how to reach your savings target
Goal Amount
What is Savings Goal Calculator?
Savings Goal Calculator helps you figure out how much to save each month to reach a financial target by a specific date. It accounts for your current savings and optional interest rate to create a realistic savings plan.
How to use
- Step 1 — Enter your savings goal amount and target date.
- Step 2 — Enter your current savings balance and an optional annual interest rate.
- Step 3 — View the required monthly savings amount and a month-by-month projection showing your balance growth.
Result
A user wants to save $10,000 for a vacation in 18 months. With $2,000 already saved and a 4% savings account, the calculator shows she needs to save $435/month to reach her goal.
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