Investing & Savings

Savings Goal Calculator

Saving for a car, wedding, house deposit or vacation? Enter your goal and timeline to see how much to save each month.

How to use the Savings Goal Calculator

Fill in the fields on the left. Results, charts and the breakdown update instantly as you type or move a slider. Pick your country at the top of the page to switch currency.

Formula

Monthly saving = (Goal − current savings grown) ÷ (((1 + r)^n − 1) ÷ r × (1 + r))

Frequently asked questions

Where should I keep short-term savings?

For goals under 3 years, prefer low-risk options like savings accounts, fixed deposits or money-market funds.

Results are estimates for information only and are not financial, tax or legal advice. Tax rules, interest rates and fees change, so confirm important numbers with your bank, employer or a qualified adviser. Read our disclaimer.