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Savings Calculator

Set a goal, your monthly deposit and expected return — see exactly when you'll get there.

Your savings plan

$
$
$
%
Time to reach your goal
7y 2m
Total you'll have contributed
$39,400.00

For a goal within the next few years, a high-yield savings account is usually a safer fit than the stock market, where a downturn right before you need the money is a real risk.

A worked example

Saving toward a $50,000 goal, starting with $5,000, depositing $400 a month at a 6% return, reaches the goal in about 7 years 2 months — having personally contributed roughly $39,400 of that total.

Frequently asked questions

How is this different from the Compound Interest Calculator?

Compound Interest asks 'how much will I have after N years?' This asks the reverse: 'how many years until I reach a specific target?' — useful when the goal amount matters more to you than a fixed timeline.

What if the calculator says I'll never reach my goal?

That means your monthly deposit and return rate combined aren't enough to get there within 100 years — increase the monthly deposit, extend your assumed return, or set a smaller goal to see a real timeline.

This calculator provides estimates for general informational purposes only and is not financial advice.