Savings Goal Calculator
Turn a savings target into a monthly contribution you can plan around.
Your details
Advanced assumptions
These are scenario assumptions, not verified local rules or lender terms. Only change options supported by your documents.
Your results
Projected savings
Defaults to constant nominal return and end-of-month deposits; Advanced changes these assumptions. Time is rounded to whole months. Actual returns can vary. A zero monthly amount means the starting balance reaches the goal under these assumptions.
Calculated:
Scenario comparison
Capture up to three alternatives, then change inputs to explore another. Snapshots stay in this page only and disappear on reload. Open a schedule before printing to include its table.
How the savings goal calculator works
Find the monthly saving needed to reach a target with your starting balance, timeline, and assumed return.
Monthly saving = (target − future value of starting balance) ÷ future-value factor for monthly deposits, floored at zero. At zero return, divide the remaining target by the number of months.
Example
To save $25,000 from a $5,000 starting balance over three years, compare the required monthly amount at 0% and 4% assumed annual return.
What affects the result
- A longer timeline spreads contributions over more months.
- The return assumption changes the projection but is not guaranteed.
- Deposits are modeled at the end of each month; taxes, fees, and inflation are excluded.
Helpful guides
Frequently asked questions
Why is the required monthly saving zero?
Your starting balance reaches or exceeds the goal under the return and time assumptions. This does not guarantee an actual return.
Can I use this without assuming investment growth?
Yes. Enter 0% return to calculate a contribution-only plan.