Finance CalculatorsPrivate by design
Savings Goal Calculator
Enter your savings goal, target date, and current savings to calculate how much you need to save each month to get there.
How to use this tool
- 1Enter your savings goal amount and target date.
- 2Enter what you've already saved and an expected annual interest rate.
- 3See the required monthly contribution to hit your goal.
Frequently asked questions
What interest rate should I use?+
Use your actual savings/investment account's rate if you know it — for a basic savings account this might be 1–5%, for a diversified investment account it's often modeled around 6–8% long-term, though returns aren't guaranteed.
Related tools
Keep the boring tools boring.
If this saved you five minutes of nonsense, you can help keep the free tools running.
Buy the toolbox a coffee