Savings Goal Calculator
Calculate how much to save each month to reach your financial goal. Accounts for your current savings and expected interest.
Set Your Savings Goal
$
How much do you want to save?
$
How much have you saved so far?
months
How many months until you need this money?
%
Annual return rate (e.g., savings account, investment)
Enter your savings goal and click Calculate Plan to see your results
How to Use This Calculator
Step 1: Set Your Financial Goal
Enter the total amount you want to save. This could be for a down payment on a house, an emergency fund, a vacation, or any other financial goal.
Step 2: Enter Your Starting Point
Input how much you've already saved toward this goal. If you're starting from scratch, enter $0. Also specify your timeframe.
Step 3: Add Expected Returns
Enter the interest rate or expected return on your savings. For a high-yield savings account, this might be 4-5%.