Free calculatorMost helpful for Savers
Savings Goal Calculator
Find out how long it takes to hit a cash goal at your monthly pace.
Savings goal
Goal
$10,000
Already saved
$500
Monthly savings
$300
Time to the goal
2y 8m
Cash savings only, this does not assume investment growth.
Where you stand
- Saved so far
- 5%
- $500 of $10,000
- Monthly to finish in 12 months
- $792
- Monthly to finish in 24 months
- $396
Milestones on the way
When you pass each quarter of the goal at this pace.
- 25% of your goal, $2,500In 7 months
- 50% of your goal, $5,000In 1y 3m
- 75% of your goal, $7,500In 2 years
- 100% of your goal, $10,000In 2y 8m
What if you saved more each month?
| Monthly savings | Time to goal | Months saved |
|---|---|---|
| $300 (yours)You | 2y 8m | Your plan |
| $350 (+$50) | 2y 4m | 4 |
| $400 (+$100) | 2 years | 8 |
| $550 (+$250) | 1y 6m | 14 |
Save your results
The PDF opens your print window. Choose Save as PDF.
Your next step
Same numbers, different next move
Two people can get this exact result and need totally different first steps. Your Money Type tells you which one is yours.
Strategist“My plan works. I just want it to grow faster.”
Spender“The money is gone before I think about it.”
Saver“I save it. Then it just sits there.”
Scrambler“Every payday I’m guessing what gets paid first.”
How It Works
- 01
Enter your savings goal and what you have already saved.
- 02
Set how much you save each month.
- 03
See how long it takes to reach the goal, and adjust your pace.
The 4 Money Types
The Math Is the Same. Your Next Move Isn't.
Spenders, Savers, Scramblers, and Strategists each need a different first fix. The free quiz tells you which type you are, so you know what to do with this number.
Common questions
Use it for cash goals like a trip, move, or first $1,000. For invested goals, use the compound interest or retirement calculator so growth is included.
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