What if the required contribution seems too high?

Try extending your timeframe, increasing your expected return (if realistic for how you’ll invest the money), or lowering the target — the calculator updates instantly as you adjust any of these.

Savings Goal Calculator

Banking & Interest

Calculate the monthly contribution needed to reach a savings target by a given date.

Display currency

Changing the display currency only changes the symbol shown — amounts aren't converted, since this tool doesn't use live exchange rates.

Target amount

Current savings

Expected return (%)

Timeframe (years)

Required monthly contribution

How this is calculated

Solves algebraically for the recurring monthly contribution that, combined with your current savings compounding at the given rate, reaches the target amount by the end of the timeframe.

Frequently asked questions

What if the required contribution seems too high?: Try extending your timeframe, increasing your expected return (if realistic for how you’ll invest the money), or lowering the target — the calculator updates instantly as you adjust any of these.

Savings Calculator

Project your savings account balance from an initial deposit and recurring monthly deposits.

CD Calculator

Calculate the maturity value of a Certificate of Deposit (CD).

Emergency Fund Calculator

Calculate a recommended emergency fund size based on your essential monthly expenses.