Your goal
Set how much you want to save, what you already have, and your timeline.
1 mo120 mo
Plan summary
- Still to save
- $12,000
- Suggested monthly savings
- $1,000
What if you saved a different amount?
Drag to explore timing. Reset happens when you change goal, saved amount, or timeline above.
$0$2,000
At $1,000 per month, you would reach your goal in about 12 months.
Balance over time
Illustrative path using your suggested monthly savings ($1,000), capped at your goal. Up to 120 months shown.
Frequently asked questions
- How much should I save each month?
- Divide what you still need (goal minus amount already saved) by the number of months left. This calculator does that for you; if the goal is already met, the required monthly savings is zero.
- How long will it take to reach my savings goal?
- If you know what you can save each month, use the “what-if” slider to see about how many months it takes to cover the remaining gap. It uses simple division (no interest in the default view).
- Does this include interest or investment returns?
- The main path assumes steady savings with no growth, so numbers stay easy to interpret. Real accounts may earn interest or returns over time.
Related free tool: Emergency Fund Calculator — How much should your emergency fund be? Enter essential monthly costs and runway (3–24 months) to get a target and progress view.