Savings Goal Calculator

Calculate how much to save monthly to reach your goal. Set a realistic savings timeline.

Quick Answer

Whether saving for a home, car, or emergency fund, this calculator shows exactly how much to set aside monthly. Factor in interest earnings to reach your goal faster.

Results update automatically as you type

Your Goal

Goal Amount

Current Savings

Time to Goal

Savings Rate (APY)

Save Monthly

$785

$181/week

Goal Date

December 2027

Interest Earned

$1,156

Goal Amount

$25,000

Progress

Current Progress$5,000 of $25,000

20.0% complete

Pro Tips

•Run multiple scenarios with different values to understand your options
•Bookmark or share your results to reference later
•Check the FAQ section below for answers to common questions

Common Mistakes

•Not accounting for inflation over long time periods
•Forgetting to include all relevant fees and costs
•Using estimates when actual numbers are available

What's Next?

Savings Guide

Learn more about savings strategies

Related Calculators

Explore more tools for your financial planning

Save Your Results

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Sources & Accuracy

Last updated: January 11, 2025

Reviewed by: CalcGrid Editorial Team

Data Sources:

Federal Reserve Savings Rates(2024)

Learn more about how we calculate and our editorial standards.

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