Savings Goal Calculator
Find out when you'll hit your savings goal. Enter the target amount, what you've already saved, how much you'll add each month and an optional annual return, and the calculator shows how long it will take, how much you'll contribute, and how much comes from interest.
Frequently asked questions
How is the time to my goal calculated?+
The calculator grows your balance month by month: it adds your monthly contribution and any interest at one-twelfth of the annual rate, and counts the months until you reach your target.
What return rate should I use?+
For a regular savings account, use a small rate or zero. For longer-term investing, people often model a conservative figure such as 3–5%. Returns aren't guaranteed, so treat it as an estimate.
What if I can't reach the goal?+
If your contribution and return can't reach the target within 100 years, the calculator tells you — increase the monthly amount or extend the timeline.