Savings Goal Calculator
Find the monthly deposit you need to reach a savings goal by a target date — for a house, car, vacation or emergency fund.
How to use it
Tell the calculator where you want to end up and when. It works backwards from your goal — counting the growth on what you already have — to the exact deposit to set up each month. High-yield savings accounts in the US currently pay around 4–5% APY, which is a realistic rate for cash goals.
Make it automatic
The deposit only works if it actually happens. Set an automatic transfer for the day after payday, into a separate savings account you do not see every day. Goals fail from friction far more often than from math.
Frequently Asked Questions
What rate should I use for a savings account?
Use the APY of your actual account. As of 2026, many US high-yield savings accounts pay roughly 4–5%, while big-bank accounts often pay under 0.5%.
Should I invest instead of saving?
For goals under ~3 years, cash savings protect the amount. For longer goals, investing may grow faster but can drop in value near your deadline.
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