Savings Goal Calculator
Work out how much to save each month to reach a savings goal by a target date.
Turning a goal into a monthly number
A savings goal is far more achievable as a concrete monthly amount than a distant lump sum. This works out how much you need to set aside each month to reach a target by a chosen date, optionally accounting for interest earned along the way, so a big goal becomes a manageable habit.
Enter your goal, timeframe and any starting amount to see the monthly saving.
Small and regular beats heroic
Breaking a goal into a monthly figure does two useful things: it tells you whether the target is realistic in your timeframe, and it turns saving into an automatic habit rather than a wish. If the monthly number looks too high, the levers are clear — a longer timeframe, a smaller goal, or a higher return — and seeing them laid out helps you set a target you can actually hit. Where the money earns interest, compounding does part of the work for you, so the required monthly saving is a little lower than the goal divided by the months. Consistency is what gets people to savings goals, and a clear monthly number is what makes consistency possible.
Savings Goal Calculator FAQ
How does it work out the monthly amount?
It divides your remaining goal across the months to your target date, optionally allowing for interest, so you get a concrete monthly figure.
What if the monthly amount is too high?
Extend the timeframe, lower the goal, or seek a higher return — seeing the levers helps you set a target you can realistically hit.
Is anything uploaded?
No. The calculation happens in your browser.