Savings Goal Calculator
Estimate the monthly deposit needed to reach a future target. Adjust the assumptions and explore the result. Nothing is sent to our servers.
How to interpret this: Currency selection changes only the symbol and formatting, not any exchange rate. All growth calculations use a fixed-rate, end-of-month-contribution model; results are examples, not offers or forecasts.
Calculating a monthly savings target
Start with a target, current balance, time horizon and assumed interest rate. The calculator first estimates what your existing savings could grow to, then works out the monthly end-of-month deposit needed to cover the difference.
If the estimated growth of your current savings already exceeds the target, the required monthly contribution is shown as zero. You can lower the assumed rate to test a more conservative scenario.
A useful savings target should also consider rising prices, your emergency cash buffer and any fees or taxes on returns.
Important limitation: The model assumes a constant monthly-compounded rate and does not account for inflation, taxes, fees or unpredictable investment performance.
Related reading
Compound interest explained · Building an emergency fund · Financial disclaimer
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