MoneyUnited States · USD
Savings goal calculator
Work backwards from the number you need.
Changing country switches the currency and resets the inputs to local starting values.
Your numbers
$
$
%
years
Save each month
$758
for 60 months
- Still needed
- $50,232
- Out of your pocket
- $45,460
- Provided by growth
- $6,540
- Weekly equivalent
- $174
Projected balance
by quarterHow to read the result
Most savings advice starts with what you can spare. Starting from the target instead tells you whether the deadline is realistic at all.
Give the goal, what you have and how long you have, and this returns the monthly amount that gets you there.
This page is set to United States and prints USD. Starts at a 4% deposit return. Every figure is a starting point you should overwrite with your own.
Worked example in USD
Using the values the form starts with.
Save each month
$758
- Still needed
- $50,232
- Out of your pocket
- $45,460
- Provided by growth
- $6,540
- Weekly equivalent
- $174
Questions people ask
- What return should I assume for a short goal?
- For anything inside three years, use a deposit or money-market rate — about 4% in United States right now. Equity returns are too volatile to plan a near-term purchase around.
- The monthly number is impossible. Now what?
- Extend the deadline or lower the goal. Both levers move the monthly figure far more than the assumed return does.
Savings goal in other countries
Same maths, local currency and local starting values.