Savings Calculator.

Savings Goal Calculators

This page offers 2 separate calculators which help savers figure their finances.

  • The first calculator presumes you know how much you are going to save each month, but want to calculate how long it will take you to reach your goal.
  • The second calculator presumes you know when you need to have money saved up by, but do not know how much you will need to save in order to reach that goal.

How Much Will You Need to Save Each Month?

Usage Instructions

Enter the amount of money you would like to save, how much you currently have set aside, the anticipated rate of return, along with how many years you intend to save money for. The calculator will then return the future value of your current savings, how much of a gap exists, and how much more you will need to save each month to reach your goal by a specific date.

Input Amount
Your Savings Goal
Current Savings
Interest Rate (APR%)
Years to Invest
Future Value of Current Savings
Current Savings Gap
Required Monthly Deposit

How Long Will It Take To Reach Your Savings Goal?

Entry Description Amount
Savings Goal:
Current Savings:
Monthly Deposit:
Annual interest rate (APR %):
Goal reached on:
Months until goal met:
Years until goal met:

Enjoy Your Savings!

Piggy Bank.

parallax background

I very frequently get the question:

'What's going to change in the next 10 years?' And that is a very interesting question; it's a very common one. I almost never get the question: 'What's not going to change in the next 10 years?' And I submit to you that that second question is actually the more important of the two — because you can build a business strategy around the things that are stable in time. … [I]n our retail business, we know that customers want low prices, and I know that's going to be true 10 years from now. They want fast delivery; they want vast selection. It's impossible to imagine a future 10 years from now where a customer comes up and says, 'Jeff I love Amazon; I just wish the prices were a little higher,' [or] 'I love Amazon; I just wish you'd deliver a little more slowly.' Impossible. And so the effort we put into those things, spinning those things up, we know the energy we put into it today will still be paying off dividends for our customers 10 years from now. When you have something that you know is true, even over the long term, you can afford to put a lot of energy into it." - Jeff Bezos


Risk guarantee

  • Every investment you make comes with a substantial risk of loss of principal or purchasing power. The safest investment you can make is investing in yourself.
    If you let others manage your investments, the single biggest factor you can control is your investment-related expenses, as they have a big impact on compounding.

Imagine you have $100,000 invested. If the account earned 6% a year for the next 25 years and had no costs or fees, you'd end up with about $430,000.

If, on the other hand, you paid 2% a year in costs, after 25 years you'd only have about $260,000.

That's right: The 2% you paid every year would wipe out almost 40% of your final account value. 2% doesn't sound so small anymore, does it? - Vanguard