Savings Goal Calculator
Estimate the recurring deposit needed to reach a savings goal by a target date or time horizon.
How it works
This calculator estimates the deposit needed to reach a savings goal over a fixed time horizon. Enter the target amount, current savings, expected annual yield, and any deposit you already plan to make.
The estimate grows the current balance over the selected compounding schedule and compares that future value with the target. It then spreads the remaining gap across the selected deposit schedule.
Required deposit = remaining future-value gap ÷ future-value factor for each recurring deposit.
The breakdown shows whether an existing deposit plan is ahead or behind the goal, how much current savings may grow, and how much of the goal depends on new deposits.
Assumptions and limitations
Use this for quick budgeting and savings estimates with a steady annual yield and regular deposits. It does not model taxes, fees, inflation, promotional rate changes, minimum balance rules, early withdrawal penalties, or account-specific rounding.
Results are estimates for planning and are not financial, tax, legal, or investment advice. Compare the estimate with your account terms and qualified guidance before making decisions.
All calculations happen locally in your browser. Your goal amount, savings balance, and planning inputs are not sent to a server.
