Savings Goal Calculator
Find the monthly deposit needed to reach a savings goal by a target date, given what you have saved and the APY you can earn.
Free · runs in your browser · Checked 30 September 2026Savings goal
Move the sliders or type your own numbers. Results are estimates that assume a constant rate and are not guaranteed.
🧠 How this is calculated
Monthly deposit = (goal − starting balance × growth) × r ÷ ((1 + r)^n − 1), where r is the monthly equivalent of the APY and n is the number of months.
Calculations run in your browser; nothing you enter is sent to us. Results are estimates that depend on the assumptions shown.
❓ FAQs
How much should I save each month?
It depends on your goal and timeline. The calculator solves for the monthly deposit; a common goal is an emergency fund of three to six months of expenses.
Is this financial advice?
No. The calculator shows what happens under the numbers you enter. Rates, limits and tax rules change; confirm with the provider or a licensed professional.
Results are illustrations, not offers or advice. Investments can lose value; bank deposits are FDIC-insured up to $250,000 per depositor, per insured bank, per ownership category.