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🎯 Savings Goal Calculator

Pick a target amount and starting balance. Solve for either: (1) months to reach target given a monthly contribution, or (2) required monthly contribution given a target date.

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Examples

Down payment goal
InputTarget $80k, start $10k, $1,500/mo @ 4.5%
OutputReach goal in ~42 months
Reverse: must save $X
InputNeed $80k in 36 months, start $10k
OutputNeed ~$1,825/month at 4.5% APR

Frequently asked questions

What interest rate to use for savings?

High-yield savings: 4-5% currently. Money market: similar. Treasury bills (4-5%): safer than savings but more friction. For longer horizons consider laddered CDs.

Should I include this in retirement plans?

Use a separate retirement calculator — they use higher return assumptions and tax-advantaged accounts. This tool is for shorter goals (1-10 years).

How do I avoid spending the savings?

Use a separate high-yield account with auto-transfer on payday. Out of sight, out of mind. Some banks let you nickname accounts ("Down payment, don't touch").

About this calculator

Savings Goal Calculator runs entirely in your browser using standard formulas. No data is sent to any server. We don't share your inputs with lenders, brokers, or anyone else — there's no funnel and no follow-up email.

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Why this calculator

vs typical free finance-calculator sites

RichCalcsTypical free site
PriceFreeFree
Signup requiredNoOften (for full results)
Ads inside the calculatorNoYes (banner + sidebar)
Lead capture (email / phone)NoYes — sold to lenders
Data sent to serverNo (browser-only)Yes (analytics + tracking)
Amortization scheduleFull tableOften summary only
Bookmarkable URL per calcYesMixed
Loads in under 1sYes (static)Often slow (ad tracking)
Open sourceYesNo