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🎯 Savings Goal Calculator
Pick a target amount and starting balance. Solve for either: (1) months to reach target given a monthly contribution, or (2) required monthly contribution given a target date.
Examples
Target $80k, start $10k, $1,500/mo @ 4.5%Reach goal in ~42 monthsNeed $80k in 36 months, start $10kNeed ~$1,825/month at 4.5% APRFrequently asked questions
What interest rate to use for savings?
High-yield savings: 4-5% currently. Money market: similar. Treasury bills (4-5%): safer than savings but more friction. For longer horizons consider laddered CDs.
Should I include this in retirement plans?
Use a separate retirement calculator — they use higher return assumptions and tax-advantaged accounts. This tool is for shorter goals (1-10 years).
How do I avoid spending the savings?
Use a separate high-yield account with auto-transfer on payday. Out of sight, out of mind. Some banks let you nickname accounts ("Down payment, don't touch").
About this tool
Savings Goal Calculator runs entirely in your browser using standard Web APIs. No data is sent to any server. The source for this tool is in our public GitHub repository.
Related tools
- 📈 Compound Interest Calculator — Future value with compound interest. Configurable contribution & compounding frequency.
- 🏖️ Retirement Calculator — 401k / IRA / general retirement projection with employer match.
- 📈 Inflation Calculator — What is $X worth in Y years given Z% inflation? Past and future value.
Why this tool
vs typical free web-tool sites
| 1vw | Typical free site | |
|---|---|---|
| Price | Free | Free |
| Signup required | No | Often (for premium features) |
| Ads inside the tool | No | Yes (banner + video) |
| Data sent to server | No (browser-only) | Yes (inputs analyzed for ads) |
| Total tools | 96 | Often <20 or scattered across sites |
| Bookmarkable URL per tool | Yes | Mixed |
| Loads in under 1s | Yes (static) | Often slow (ad tracking) |
| Multilingual | EN / ES / PT / FR / DE | Usually EN only |
| Open source | Yes | No |