Savings goal calculator
Set a target amount and a deadline — we calculate the monthly contribution you need to get there.
Required monthly contribution
$281.49
Projected value
$49,999.84
Live preview
Growth over time
$50,00010 yr
| Year | Start balance | Contributions | Interest earned | End balance |
|---|---|---|---|---|
| 1 | $2,000.00 | $3,377.88 | $235.17 | $5,613.05 |
| 2 | $5,613.05 | $3,377.88 | $458.02 | $9,448.95 |
| 3 | $9,448.95 | $3,377.88 | $694.61 | $13,521.44 |
| 4 | $13,521.44 | $3,377.88 | $945.79 | $17,845.12 |
| 5 | $17,845.12 | $3,377.88 | $1,212.47 | $22,435.46 |
| 6 | $22,435.46 | $3,377.88 | $1,495.59 | $27,308.93 |
| 7 | $27,308.93 | $3,377.88 | $1,796.17 | $32,482.99 |
| 8 | $32,482.99 | $3,377.88 | $2,115.30 | $37,976.17 |
| 9 | $37,976.17 | $3,377.88 | $2,454.11 | $43,808.15 |
| 10 | $43,808.15 | $3,377.88 | $2,813.81 | $49,999.84 |
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How this is calculated
We project your current savings forward with compound growth, then work out the level monthly contribution that closes the gap to your goal by the deadline.
This is an educational estimate, not financial advice.