English tools / Savings Goal Calculator
Savings Goal Calculator Estimate the monthly deposit needed to reach a savings target from a starting balance, term, and fixed annual return.
Your result Required monthly deposit
— Projected ending balance —
Total contributed —
Estimated growth —
Change a value to update the result.
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Monthly savings needed The calculator grows the starting balance and equal end-of-month deposits at a fixed effective annual rate, then solves for the monthly amount needed to reach the target.
Monthly rate = (1 + annual return)^(1/12) − 1
Use realistic assumptions A higher assumed return lowers the calculated deposit, but returns are uncertain. Enter 0% when planning a cash-only savings goal.
Frequently asked questions Can the monthly amount be zero? Yes. If the starting balance can reach the target under the selected assumptions, no additional deposit is required.
Are deposits made at the start of each month? This version assumes deposits at the end of each month.
Are tax and inflation included? No. Adjust the target or return assumption separately if needed.
Calculations run in your browser. Values are not uploaded or stored.