Savings Goal Timeline Calculator

How long until you reach your savings goal? Enter your target and see the timeline.

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Goal Timeline

Enter your target amount, current savings, and monthly contribution.

Time to reach goal
0 yrs
Target date: —
Total needed
$0
Already saved
$0
Still needed
$0
Total contributions
$0
Interest earned
$0
Monthly to reach goal
$0

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Savings goal ($)$50,000
Current savings ($)$10,000
Monthly contribution ($)$500
Annual interest rate (%)2%
ResultValue
Time to reach goal6.1 yrs
Total needed$50,000
Already saved$10,000
Still needed$40,000
Total contributions$46,500
Interest earned$3,636

Values shown are produced by this page in your browser; change any input to update them.

How to use the Goal Timeline

  1. Savings goal ($) — default $50,000
  2. Current savings ($) — default $10,000
  3. Monthly contribution ($) — default $500
  4. Annual interest rate (%) — default 2%
  5. Press Calculate to update the results instantly.

Frequently asked questions

Sources & references