Savings Goal Tracker
See how long until you reach your savings goal. Enter your target, current savings, and monthly contribution to get a timeline with milestones.
Frequently Asked Questions
How is the timeline calculated?
The tool simulates month-by-month savings with compound interest. Each month, your balance earns interest at the annual rate divided by 12, then your monthly contribution is added.
What does the interest rate represent?
Enter the annual interest or return rate for where your savings are held — a high-yield savings account (4-5%), money market fund, or investment account. Use 0% for a simple cash calculation.
Can I see how much to save for different timelines?
Yes. The "How much do I need to save per month?" section shows the required monthly savings to reach your goal in 3, 6, 12, 24, or 36 months. Click any option to apply it.
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