Savings Goal Calculator
Calculate how much to save each month to hit a goal.
What this calculator does
This calculator estimates how much you need to save each month to reach a savings goal by a chosen date.
Use it for goals like an emergency fund, a large purchase, or a milestone.
Inputs
Growth rate is optional. If set to 0%, this becomes a pure contribution timeline.
Results
Months to goal
27
Years to goal (approx.)
2.25
Balance when goal reached
$10,037.44
Estimates assume monthly contributions and a constant growth rate.
Next step: Put your savings on autopilot
- Compare high-yield savings accounts
- Automate transfers to hit your goal faster
- Choose based on access and rate
If you click and apply, we may earn a commission (affiliate disclosure).
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Disclosure
- Educational purposes only. Not financial, legal, or tax advice.
- Rates and results are estimates and may not reflect lender terms.
- This site may earn a commission from partner links (affiliate disclosure). This may impact where offers appear, but not the integrity of the tools.
How this savings goal calculator works
This calculator estimates how long it will take to reach a savings goal.
It factors in monthly contributions and optional interest growth.