MONEY TOOL

Savings Goal Calculator

Estimate how much you may need to save each month to reach a target amount over a chosen period.

Your savings goal

Change the inputs to see an illustrative estimate.

ESTIMATED MONTHLY SAVING
$0
Amount to save each month
Total monthly contributions$0
Estimated growth$0
12%growth
Starting + saving $0Growth $0
Illustrative calculation only. Returns are assumptions and are not guaranteed.
SAVINGS JOURNEY

How you could reach your goal

ILLUSTRATIVE

How this calculator works

The calculator estimates the monthly amount needed to reach your target after accounting for your current savings and an illustrative annual return.

Important assumptions

  • The annual return is an illustrative assumption, not a forecast.
  • Monthly savings are assumed to be added at the end of each month.
  • Taxes, fees and changes in return are not included unless explicitly stated.