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Financial Calculators

Free Savings Goal Calculator

Find out how much to save each month to reach a goal, or project how much you'll have saved by a future date, using standard compound-interest math.

What this does: calculates either the monthly contribution you need to reach a savings goal, or the future value of a given monthly contribution, using standard future-value-of-annuity savings math. It is completely free, runs entirely in your browser, and needs no signup. This tool is for planning purposes only and does not constitute financial advice.

Picking a date fills in the number of months automatically, counted from today.

0% is fine for a plain checking or savings account. A typical high-yield savings account earns around 4%.

Fill in the fields and press Calculate

Frequently asked questions

Is this savings calculator free, and does it store my numbers?

Yes, it's completely free with no signup and no paywall. It runs entirely in your browser, and the numbers you enter are never saved or uploaded anywhere; they disappear as soon as you refresh or close the page.

What interest rate should I use for my calculation?

Use 0% for a plain checking or basic savings account, or check your bank's current annual percentage yield (APY) for a savings or money market account, often in the 3% to 5% range at online banks. Enter the rate as a percentage, for example 4 for 4%.

Is this a substitute for financial advice?

No. This calculator gives a mathematical estimate based on the numbers you enter and does not account for taxes, fees, inflation, or future rate changes. It is for planning purposes only and is not financial advice; consult a licensed financial advisor for guidance specific to your situation.