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Savings Goal Calculator
Find out how much you need to invest each month to reach a savings goal by a target date.
How to use this tool
- 1Enter your figures in the fields above.
- 2Results update instantly as you type.
- 3Adjust the inputs to compare different scenarios.
Frequently asked questions
How is the monthly amount calculated?+
It solves the future-value-of-an-annuity formula for the monthly contribution that grows to your target at the assumed return.
Is this calculator free?+
Yes. It's completely free, needs no sign-up, and runs entirely in your browser so your numbers stay private.
Learn more
- How to set a realistic savings goal
- Emergency fund vs investing
- Automating your savings