Budget & Freedom Free Tool
Savings Goal Calculator
Estimate how long it may take to reach a savings goal, or how much you may need to save each month to reach a target by a chosen date.
Privacy: Your numbers stay in your browser. Nothing you enter is saved or transmitted.
Enter Your Savings Goal
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Enter what you expect to add each month.
%
Use 0% for cash savings if you do not want to assume growth.
Optional target date
If you have a deadline, enter it below. The calculator will estimate the monthly contribution needed to reach your goal by that date.
Your Savings Goal Estimate
Amount still needed$0.00
0% of your goal is currently saved.
Savings goal$0.00
Current savings$0.00
Monthly contribution$0.00
Estimated annual return0%
Estimated time to reach goal—
Estimated monthly contribution needed by your target date$0.00
Monthly Contribution Comparison
| Monthly contribution | Estimated time |
|---|---|
| $0 | — |
| $100 | — |
| $250 | — |
| $500 | — |
How this estimate is calculated
The calculator starts with your current savings, adds your monthly contribution, and applies the monthly equivalent of your annual return assumption until the goal is reached.
If you enter a target date, it separately estimates the monthly contribution that may be needed to reach the goal by that date.