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Savings Goal Calculator

How much and how long do I need to save to reach my goal?

Good savers often say that having a specific goal helps them achieve it. Whether it’s saving for retirement, a new car or even a vacation, having a target will keep you on the savings path. Use the Savings Goal Calculator to choose how much you want to save, how long you have to save, and the interest rate you expect. Good luck!

Instructions

  • Enter your savings goal, in dollars
  • Enter the number of years you have to reach your goal
  • Enter the annual interest rate you expect your investments to earn
  • Enter the amount already invested towards your goal

Savings Goal Calculator

  1. 1
    How much do you want to save?
  2. 2
    How many years will you save?
    years
    years
  3. 3
    What interest rate do you expect to earn on your savings? % ?
  4. 4
    How much is your opening deposit?
  1. 1
    Monthly Deposit Required
    $299.10
  2. 2
    Which means you'll need to set aside
    $9.82
    daily
    or$68.93
    weekly
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