Savings Goal Calculator

Find out how much you need to save and invest each year to arrive at a specific savings goal!

Enter values below

Savings Goal ($)Your desired final savings.

Initial Investment ($)The amount of money you plan to invest immediately, at the beginning of the first year.

YearsLength of time, in years, that you plan to save.

Estimated Interest Rate (%)Your estimated annual rate of return as a percentage.

Estimated Inflation Rate (%)The estimated annual inflation rate. Negative values can be used for deflation.

Your results are in!

FV of Target:The amount of money you will need to meet your savings goals, accounting for inflation.

FV of Principal:The future value of your initial investment, after accounting for interest and inflation.

Total Contributions:The total amount of money you will have deposited over the savings period.

Annual Contributions: The amount of money you need to deposit per year.

Monthly Contributions: The amount of money you will have to deposit per month.

Daily Contributions: The amount of money you will have to deposit per day.

Value Over Time

Year	Total Deposits	Total Interest	Future Value

Value by Source

What Does This Mean?

If you wish to purchase something worth of today's dollar value in years, you will need to invest each year.

In years, accounting for interest, your savings amount will total . Your initial will have grown into . In total, you will have contributed .

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