Calculators
Savings Goal Calculator
Calculate the monthly contribution needed to reach your savings target.
Use your own prices in one currency. Estimates only; not investment advice.
Your answer will appear here.
Help and method
Grow the initial amount and solve the remaining target using a monthly annuity. The nominal annual rate is divided by 1200. Deposits follow the selected monthly timing. Hypothetical local calculation. Use one currency for all amounts; the currency selector changes formatting only. No live quotes, taxes, trade execution or investment advice. Fees are per transaction. Negative projections are possible. Displayed amounts may be rounded. Keep full quantity and unit-price precision; a rounded target price may miss the requested profit.
Investor.govMethods and reliabilityWorked example
An example you can try or adapt to your own values.
- Currency
- USD
- Initial amount
- 200
- Savings target
- 1400
- Nominal annual rate (%)
- 0
- Months
- 12
- Contribution timing
- End of month
Result
Monthly contribution: USD 100