Savings Goal Calculator
Set the target, what you have and what you can add monthly - get the exact time to reach your goal.
3y 0m
Time to goal
36
Months
How to use
- Enter goal, current savings and monthly deposit.
- Add an expected annual return.
- Read the time to goal in years and months.
Examples
20,000 goal, 1,000 saved, 500/month at 4%
Output: About 3 years.
Frequently asked questions
What return should I assume?
High-yield savings pay 3-5%; broad stock index funds have averaged 7-10% long-term but with swings. Be conservative.