Savings Goal Calculator Savings Goal Calculator

Total Savings in US Dollars
Years Initial Investment Compounded Total Savings Compounded Total Monthly Additions To-Date

Calculate how much money you need to contribute each month in order to arrive at a specific savings goal.


A savings goal calculator is a tool that allows you to calculate how much you need to save in order to reach a specific financial goal. With a savings goal calculator, you can input various parameters, such as your current savings balance, your monthly savings contribution, and the amount of time you have until you want to reach your goal.

The calculator will then provide an estimate of how much you need to save each month in order to reach your goal, and it can also give you an estimated timeline for reaching your goal based on your monthly contributions.

This type of calculator can be particularly useful for people who are saving for a specific purpose, such as a down payment on a house, a big-ticket item, or a future event like a wedding or a vacation.

When using a savings goal calculator, it's important to remember that the results are just an estimate, and that factors such as interest rates, inflation, and unexpected expenses can all impact your ability to reach your goal.