Money

Savings goal calculator

Estimate when regular contributions and compound growth could carry you to a savings target.

Assumes monthly growth followed by an end-of-month contribution, for a maximum projection of 100 years.

Estimated time to goal

3y 1m

Estimated balance when reached: $25,309.56.

Goal$25,000.00
Total contributed$23,500.00
Estimated growth$1,809.56

Returns are not guaranteed. Taxes, fees, contribution timing, and changing rates can alter the result.

Plain-language method

Build the balance one month at a time.

Each projected month first applies one month of growth to the balance and then adds the regular contribution. The first month that reaches or exceeds the target is the estimate.

A steady return makes planning easier, but real returns and contribution dates vary. Use a conservative rate and revisit the plan regularly.

Next balance = current balance × (1 + monthly rate) + monthly contribution

Results update instantly and stay on your device. Review the assumptions above before using an estimate for a financial decision.