Savings Goal Calculator

Calculate how much to save monthly for vacation, emergency fund, house down payment, or any financial goal. Plan your savings strategy with our free calculator.

Savings Goal Details

$1,000 $100,000
1 Month 60 Months
Amount you already have saved towards this goal

Additional Options

0% 10%
Interest rate on your savings account or investment
Monthly Savings Required
$833
To reach your goal
Goal Amount
$10,000
Time Period
12 Months
Total Savings
$10,000
Interest Earned
$150

Savings Progress Breakdown

Multiple Savings Goals

Goal Progress Tracker

How to Use the Savings Goal Calculator

Set Your Goal

Define your savings target amount and timeline. Whether it's $5,000 for a vacation or $50,000 for a house down payment, our calculator helps you create a realistic savings plan.

Savings Formula

Monthly Savings = (Goal Amount - Current Savings) / Time Period
With Interest: Accounts for compound growth of your savings over time

Tips for Better Savings

  • Start with any amount you already have
  • Choose realistic timelines for your goals
  • Consider high-yield savings accounts
  • Automate your monthly savings