Savings Goal Calculator
Find out how much to save monthly to hit your goal, and whether your plan is on track.
Decision calculatorFully localized assumptionsGlobal-readyInteractive chart
Last updated: 2026-06-03
This calculator uses generic assumptions. Use advanced mode to override them for a more accurate result.
Inputs
Formula transparency
Source: defaultPMT = (target − current·(1+i)^n) · i / ((1+i)^n − 1)
How to use it
- Enter your target, current savings, and timeframe.
- Add what you plan to save monthly to check you're on track.
- Add an expected return if you'll invest.
Example
- To reach 10,000 in 24 months from 2,000 saved, you need roughly 320/month at 0% return.
What the result means
The required monthly saving is the amount that reaches your target on time; the gap is any expected shortfall.
Common mistakes
- Assuming an unrealistic return.
- Ignoring inflation on long horizons.
Limitations
- Results are nominal (not inflation-adjusted).
- Not investment advice.
Frequently asked
- Is the return required?
- No — without it we assume cash (0%). Enter a return if you invest.
- How do I know if I'm on track?
- Enter your planned monthly saving and we compare projection to target.
- Does it include inflation?
- No — results are nominal. Subtract inflation from return for a real estimate.
- Is my data stored?
- No — fully local in your browser.
- Is this investment advice?
- No — an educational planning estimate only.
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Results are estimates and not professional advice. Verify important decisions with a qualified professional.