Savings Goal Calculator

✔ Reviewed by the 67858.com editorial teamUpdated October 27, 2026Methodology

How much to save each month to hit a target by a deadline.

Quick answer: Work backwards from a target: the calculator grows what you already have, then finds the level monthly deposit that closes the gap.

How to use the Savings Goal Calculator

Enter your figures in the fields above — results update instantly as you type.
Choose your currency symbol (the maths is the same in any currency).
Use Share result to save a link that reloads your exact inputs, or Print for your records.
Compare scenarios by changing one input at a time and noting how the main result moves.

Formula

Needed = Goal − Saved × (1+i)^n Monthly = Needed × i ÷ ((1+i)^n − 1)

Worked example

To reach 50,000 in 5 years with 5,000 saved at 4%, you need roughly 662 a month.

Frequently asked questions

What if my return is zero?

The tool simply divides the remaining gap by the number of months.

Should I include an emergency fund?

Keep emergency cash separate from goal savings so a surprise expense does not derail the goal.

Assumptions & limits

Results are estimates based on the inputs you provide and the formula shown, rounded for display. They do not account for every fee, tax rule or market condition. This tool is educational and is not financial, tax or legal advice — confirm important decisions with a qualified professional.

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