Savings Goal Calc

Key features

• Inputs for goal amount, what you've already saved, your monthly contribution and an optional annual return of up to 15%.
• An “Invest my savings” toggle that compounds the balance monthly at (1 + rate)^(1/12) − 1 — switch it off for a plain 0% cash jar.
• Headline stats: time to goal in years and months, the calendar month you'll make it, and total contributed with interest broken out.
• Milestone chips showing the month you cross 25%, 50%, 75% and 100% of the goal.
• A balance chart with a dashed goal line and a contributed line, plus a year-by-year table.
• Presets for classic goals: a $10k emergency fund, a $2.5k laptop and a $60k house down payment.

How it works

1. 1

   Define the goal

   Enter the target amount and what's already in the pot — the progress bar fills as saved / goal.

2. 2

   Add the monthly plan

   Set your contribution and, optionally, an annual return with investing switched on.

3. 3

   Read the date

   The tiles show months remaining (e.g. “3 yr 8 mo”), the goal month-year, and total contributed including interest.

4. 4

   Track the milestones

   Chips mark when you cross each quarter of the goal; the chart plots the full journey to the dashed target line.

Tips for better results

• 💡If the plan can't get there within 100 years, the tool says so outright — raise the contribution or switch investing on and rerun.
• 💡Turn investing off to model a pure cash jar at 0%, or on with a conservative rate to approximate a savings account.
• 💡The goal date assumes deposits land at each month-end and the rate stays constant — re-check after pay rises or windfalls.
• 💡The 50% milestone's month makes a good check-in date for shared savings goals with a partner.

Frequently asked questions