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Savings goal calculator

Find out how much to save each month to reach a savings goal.

Free to use · Runs in your browser · No signup

This tool works in your browser. Enable JavaScript to select files and create your download.

How to use Savings goal calculator

  1. Enter your goal and how much you have already saved.
  2. Choose the time frame and expected interest rate.
  3. Read the monthly deposit you need.

What you need

Nothing to upload. Type or paste directly into the tool; results update as you go.

Your result

The monthly deposit required to reach your goal.

Before you start

Assumes monthly deposits and interest compounded monthly at a constant rate. Not financial advice.

Questions about Savings goal calculator

How do I use Savings goal calculator?

Enter your goal and how much you have already saved. Choose the time frame and expected interest rate. Read the monthly deposit you need.

What does Savings goal calculator produce?

The monthly deposit required to reach your goal.

What should I check before using Savings goal calculator?

Assumes monthly deposits and interest compounded monthly at a constant rate. Not financial advice.

Is what I type sent anywhere?

No. The calculation runs in your browser, and the text or numbers you enter are not uploaded or stored.