Savings Goal Calculator
Tell us your goal and what you can save each month, and we'll show you exactly when you'll get there, plus how much of it is interest doing the work for you.
How to set a realistic savings goal
A good savings goal has three things: a specific number, a deadline, and a monthly amount you can actually sustain. The calculator above handles the math, your job is to make the monthly contribution realistic enough that you'll stick with it for the long haul.
If the timeline feels too long, you have three levers: save more each month, lower the goal, or find a higher return (within reason, never chase risky returns for money you'll need soon).
5 ways to increase your monthly contribution
- Automate it. Set a transfer for the day after payday so saving happens before you can spend it.
- Save your raises. Each time your income rises, send half the increase straight to savings.
- Cut one recurring bill. A renegotiated bill or cancelled subscription frees money every single month.
- Bank windfalls. Tax refunds and bonuses can leap you forward by months.
- Use a high-yield account. Earning 4% instead of near-zero quietly accelerates the whole timeline.