🎯 Savings Goal Calculator
Free savings goal calculator. Enter a target, timeline and interest rate to find exactly how much to save per month and per week to reach it.
How this calculator works
The calculator grows what you already have at your chosen rate, works out the shortfall at your deadline and solves for the level monthly deposit that closes it. For goals under about three years — a down payment, a car, a wedding — a high-interest savings account or short-term deposit is usually more appropriate than investing, because there is little time to recover from a market drop.
Frequently asked questions
What rate should I use?
For short goals, use the rate on your savings account. For goals 7+ years away that you would invest toward, use a conservative long-run return.
Can I automate this?
Yes — schedule a transfer on payday to a separate, named savings account. Automation is the single most reliable savings habit.
Is anything stored?
No. Use the share button to keep your inputs in a link instead.
Want a professional to check this plan?
Tell us your goal and we'll introduce you to independent, fee-only advisors who fit. Takes about 60 seconds.
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Results are estimates for educational purposes based on the inputs and assumptions shown; they are not a guarantee or a recommendation. Last reviewed October 30, 2026.