Savings Goal Calculator
Find out how much to set aside each month to reach a savings goal by a target date, with interest doing part of the work.
Read the guide: How to Hit a Savings Goal by a Set DateYour goal
Save each month
$662.08
To reach $50,000 in 5 years
- Total you add
- $39,725
- From interest
- $5,275
Assumes a steady return and equal monthly deposits. Estimates only, not financial advice.
How it works
- 1
Name your goal
Enter the amount you want and anything you have already saved.
- 2
Set the timeline
Choose how many years you have and the return you expect.
- 3
Get your number
See the monthly amount needed and how much comes from interest.
Instant & 100% private — nothing is uploaded
Every calculation runs locally in your browser. The income, balances and goals you enter stay on your own device and are never sent to a server — nothing is stored, logged or shared.
Frequently asked questions
- What if I have already saved some?
- Enter it in the "already saved" field. It grows alongside your monthly deposits, so the amount you need to add each month is lower.
- What return should I assume?
- For a short timeline, a cautious rate close to a savings account or CD is realistic. For longer goals, a diversified investment return may be reasonable — but carries more risk.
- Is this financial advice?
- No. These are estimates to help you plan and compare options. Your real figures depend on your lender, taxes and personal situation, so check with a qualified professional before deciding.