Wealthy PotSavings Goal Calculator
Work out how long it takes to reach a savings goal, or how much to save each month.
Turn a goal into a plan
Whether you're saving for a house down payment, a wedding, a car, or a vacation, this calculator tells you exactly how long it'll take to get there — and how much you'd need to save each month to hit common deadlines.
How to use it
- Enter your target amount and what you've already saved.
- Add your monthly contribution and any interest rate you earn.
- See your timeline, plus the monthly amount needed to finish in 1 or 5 years.
Reach it sooner
Two levers shorten the timeline: saving more each month, and earning a better rate. Parking the money in a high-yield savings account rather than a 0% checking account can meaningfully speed up larger goals thanks to compounding.
Frequently Asked Questions
How does this calculator work?
It grows your current savings plus your monthly contributions at the interest rate you set, month by month, until you reach your goal — then reports how long that takes. It also solves the reverse: how much to save per month to finish in 1 or 5 years.
Should I include interest?
Yes, if your savings earn it. For a high-yield savings account, use the current APY (around 4% in 2026). For a regular checking account, use 0% — your contributions do all the work.
What if the goal says "not reachable"?
It means your monthly amount and interest cannot reach the goal within 100 years (usually because both are too low). Increase your monthly contribution or the rate.