CalcJuice
← All tools
Finance

Savings Goal Calculator

Find the monthly amount to save to reach a target by a chosen date.

Savings goal

Monthly contribution
$264.83
You’ll contribute
$17,889.84
Growth from returns
$2,110.16

Reaching a savings target is mostly about consistency. If you know the goal, your timeline, and a realistic rate of return, you can work backward to the monthly amount that gets you there.

How the monthly amount is found

The calculator grows your current balance forward at the expected return, then solves for the steady monthly contribution whose compounded value covers the rest of the goal. A higher return or a longer timeline lowers the monthly amount you need.

Returns aren't guaranteed, so treat the result as a plan, not a promise. For short timelines, a conservative return assumption is safer.

Frequently asked questions

How is the required monthly amount calculated?

We grow your current savings at the expected return, then solve for the steady monthly contribution needed to cover the rest of the goal.

What return rate should I assume?

Use a conservative estimate, especially for short timelines, since investment returns aren't guaranteed.