Skip to content

Popular searches

Home / Tools / Savings
Calculator

Savings goal calculator

See how fast your savings reach a goal with regular deposits and compound interest.

A green calculator, brass abacus and drafting tools on a blue desk
Time to reach goal4y 9m
Balance in 1 year$4,712
Interest earned (1y)$112

Compounding does the heavy lifting — a higher APY reaches the goal sooner.

Make sense of the numbers

How to use this calculator

Build a simple savings scenario with a starting balance, regular deposits and an annual percentage yield.

  1. Enter your current balance and planned monthly deposit.
  2. Use an APY for the scenario; it already includes annual compounding.
  3. Adjust your deposit or goal to compare the estimated time needed.
Explore savings and money guides

More calculators