Free Savings Goal Calculator
Plan a savings goal three ways: how long until you reach it, how much to save monthly to hit a target date, or how much you'll have. Includes compounding options, a growth chart, and a year-by-year breakdown.
More options (yearly raise, one-off deposit, tax)
Time to reach $25,000
5 yr 10 mo
saving $300/mo at 4.5%
Year-by-year breakdown
| Year | Contributed | Interest | Balance |
|---|---|---|---|
| 1 | $4,600 | $121 | $4,721 |
| 2 | $8,200 | $413 | $8,613 |
| 3 | $11,800 | $884 | $12,684 |
| 4 | $15,400 | $1,542 | $16,942 |
| 5 | $19,000 | $2,395 | $21,395 |
| 6Goal reached | $22,600 | $3,454 | $26,054 |
π‘ Assumes a fixed rate and steady contributions, compounded monthly. Real savings rates vary, so treat this as a planning estimate. All math runs in your browser β nothing is sent anywhere.
How It Works
Goal-based savings planning in three modes. Distinct from a compound-interest calculator, which grows a fixed lump sum β this answers the practical questions people actually ask about reaching a savings target.
- 1Pick your question"How long until I reach my goal?", "How much do I need to save monthly?", or "How much will I have?" β each mode asks only for the inputs it needs.
- 2Enter your numbersStarting balance, contribution or target, interest rate, and a time horizon or target date. Choose daily, monthly, or annual compounding.
- 3See the planGet the answer plus a growth chart and a year-by-year breakdown of contributions vs. interest earned.
All calculations run in your browser. Your financial numbers are never sent anywhere.
Related Tools
Retirement & 401(k) Calculator
Project your retirement savings with contributions, employer match, salary growth, and inflation β and see the result in today's dollars. Runs entirely in your browser.
Ideal Weight Calculator
Find your healthy weight range for your height plus the classic ideal-body-weight formulas (Devine, Robinson, Miller, Hamwi). Add your weight for your BMI and the gap to a healthy weight. Metric or imperial, private and free.
Zakat Calculator
Calculate zakat (2.5%) on cash, gold, silver, business assets and savings against the gold or silver nisab β in your currency, entirely on your device.