Savings Goal Planner
Choose a target, starting balance, time horizon, and expected return. See how much you need to save each month and compare that to your current savings plan.
Goal & Timeframe
Return is expressed as a steady annual rate (e.g. 6% = diversified stock-heavy portfolio assumption). Actual markets are volatile and results will vary.
Your Monthly Plan
Leave this at $0 to only see the required monthly amount. Add a number to compare your current saving plan to what's needed to hit the goal.
Contribution vs Growth
Required monthly plan$50,000
Contributions: 84.4%Growth: 15.6%
Bars show how much of your final balance comes from your own deposits versus compounded growth at the assumed return.
Required Monthly Savings
Target amount$50,000
Starting balance$5,000
Time horizon5.0 years (60 months)
Required Monthly Savings
$620
Saved every month for 5.0 years at 6.0% annual return.
Total you contribute (incl. starting balance)$42,199
Growth from returns$7,801
Projected final balance (with required savings)$50,000
Are You On Track?
Enter a planned monthly contribution to see whether you are ahead of or behind the pace required to reach your goal.
Quick Takeaways
- • Your money contribution is 84% of the final balance; growth covers the rest.
- • Increasing the time horizon or expected return lowers the required monthly savings—but adds more market risk and uncertainty.
- • Increasing the starting balance or monthly savings gives you more certainty and reduces reliance on high returns.