Savings Goal
Months and deposits to hit a target.
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Enter a target, a starting balance, and a monthly amount. An optional yield compounds in the estimate. Markets can do worse.
How to use this tool
- Enter the amounts. Fill in principal, rate, term, or prices. Use the same currency throughout.
- Read the estimate. The figures are a simplified model, not a lender or tax quote.
- Compare a related tool. Open amortization, compound interest, or paycheck if you need another view.
Yield
A constant annual yield is applied monthly. Real accounts change rates. This is not a product recommendation.
Frequently asked
What if I cannot reach the date?
The page also solves for the monthly deposit given a deadline.
Are contributions at month start or end?
End of month is the default estimate.
Does inflation shrink the target?
Not automatically. Raise the target or use the inflation calculator.
Will this tell me where to keep the money?
No. It only estimates months and deposits from your inputs.
Can I model irregular bonuses?
Add them into the starting balance or raise the monthly average.