Financial
Savings Goal Calculator
Find the monthly contribution required to reach a savings target by a given date.
Inputs
Savings Goal Calculator
Result
Required monthly savings
$640.87
- Total contributions
- $43,452.33
- Investment growth
- $6,547.67
- Future value of current savings
- $6,416.79
How it's calculated
PMT = (FV − P(1+r)^n) · r / ((1+r)^n − 1), r monthly rate
Common questions
What return rate is realistic?
High-yield savings: ~4–5%. Balanced portfolio: 5–7% long-term. Stock-heavy portfolio: 7–10% historically, with volatility.
What if I can't hit the number?
Either extend the timeline, lower the goal, or raise the assumed return — but only the first two are truly under your control.
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