Savings Goal Calculator
Plan monthly deposits and time needed to reach a savings target with compound interest.
How to use
Assumes monthly compounding and deposits at month end. Stops when the balance reaches the goal.
Formula
Each month: balance = balance × (1 + r/12) + deposit.
Frequently asked questions
Do you store the numbers I enter?
Calculations run in your browser. Inputs are not sent to our servers.
Are the results guaranteed accurate?
Standard formulas are used. Double-check important decisions with a professional or official source.