Use the Savings Goal Calculator
Work out how long it takes to reach a savings goal, or how much you need to save each month. Includes interest, starting balance and a growth table.
- Free to use
- No signup
- Nothing to install
- Runs in your browser
Illustration. Open the tool for the real thing.
See it in action
Sample input: Savings goal = 10000; Already saved = 0; Monthly deposit (for “how long”) = 500; Years to reach goal (for “how much”) = 1.5
What is the Savings Goal Calculator?
A savings goal calculator turns a wish — a house deposit, a car, a holiday, an emergency fund — into a concrete plan. Tell it how much you want to save, what you already have, how much you can put aside each month and what interest you earn, and it tells you how many months it will take.
Or flip it around: choose a target date and it calculates the monthly amount you need. Interest is compounded monthly, and a year-by-year table shows your balance growing, so you can see exactly how much comes from your deposits and how much from interest.
3 steps to your result
Open the tool and follow along. Nothing to install.
What you get
Time to reach the goal, or the monthly amount needed.
Monthly compounding on savings accounts and investments.
Balance, deposits and interest year by year.
Change the numbers to see how small boosts speed things up.
AZRS tools are free to open and use.
It opens in your browser, so there is nothing to download.
Used for
Pick one to see how it fits.
How it compares
A plain look at this tool next to the usual alternative.
| This calculator | Desktop software | |
|---|---|---|
| Install | Nothing to install | Usually an app or program to install |
| Account | No signup | Depends on the product |
| Cost | Free to use | Free or paid, depends on the product |
| Where it runs | In your browser tab | On your computer |
Questions people ask
How long will it take to save my goal?
Enter the amount, current balance, monthly deposit and interest rate; the calculator shows the number of months.
How much should I save each month?
Choose the “monthly amount” mode and set your target date.
Is interest compounded?
Yes, monthly.
What is a good emergency fund?
Most advisers suggest three to six months of essential expenses.
Does it include inflation or tax?
No — treat results as a planning estimate.
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Try the Savings Goal Calculator now
How long to reach your goal, or how much to save. Free to use.
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