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Money & Finance · Free tool

Savings Goal Calculator

Set a goal, a deadline, and see exactly how much to save each month. Plan a vacation, emergency fund, or down payment.

Updated April 2026

Required monthly deposit

$776

You’ll end up with ~$9,807 after 12 months at 4% APY.

What it does

A free savings goal calculator that works the other direction: tell it what you want and when, and it tells you what monthly deposit gets you there. Accounts for your starting balance and your high-yield savings APY.

Useful for short-term goals: a down payment, a wedding, an emergency fund, a trip. For money you’ll need in under 5 years, a high-yield savings account beats investing — you want low volatility, not maximum return. See our emergency fund guide.

How to use it

  1. Enter your goal amount and timeline in months.
  2. Enter your starting balance (can be 0).
  3. Enter your HYSA APY (4% is typical in 2026).
  4. Read the required monthly deposit to reach the goal.