Savings goal calculator
Compare amounts under your assumptions and inspect the calculation.
Method
max(0, (T − P(1 + r)ⁿ) ÷ (((1 + r)ⁿ − 1) ÷ r))r = (1 + R / 100)^(1 / 12) − 1; r = 0 → ((1 + r)ⁿ − 1) / r = n- P
- Starting amount
- T
- Target amount
- n / 12
- Years
- R
- Assumed annual return (%)
Use one currency for every amount. Growth and goal calculations convert an effective annual return to a monthly rate and assume month-end deposits. The horizon is 1–100 whole years. Taxes, inflation and currency changes are excluded.
The rate is an assumption, not a forecast or guaranteed return. A lower average cost does not necessarily reduce loss risk.
Investor.gov — Compound Interest Calculator ↗