Savings Goal Calculator
Estimate the monthly contribution required to reach a stated goal.
All values and rates are entered by you. No live rate is assumed.
Your result
Enter your assumptions, then calculate.
Formula and method
Uses the future value of the current balance and an ordinary monthly contribution stream.
Worked example
The pre-filled values demonstrate the calculation only. Change every field to match the scenario you want to explore.
Limitations
A calculator cannot confirm that an assumed return will be available or suitable. Use conservative scenarios.
Results exclude terms not entered, may differ because of rounding and should be checked against formal provider disclosures.
Practical next steps
- Run more than one rate or time scenario.
- Record fees and terms the calculator does not include.
- Compare the output with the provider’s written disclosure.
SmartMoney — A REVTEK publication · Reviewed 2026-09-23 · Educational information only · Methodology