Plan the path to a savings goal.
Pick something you are saving for and how much it costs. Then either say how much you can set aside each month and see how long it takes, or pick a date and see the monthly amount it would take to get there.
1 yr
Saving $100 a month, that is 12 months from now.
Illustrative estimate
Solve for whichever part you do not know.
Most goals come with one fixed piece and one open piece. You either know how much you can save and want the timeline, or you know the deadline and want the monthly number. Switch between the two to compare.
Time to goal
You enter a monthly amount; the planner counts how many months of saving it takes to reach the goal, then shows it as years and months.
Monthly needed
You enter a number of months; the planner works out the steady monthly amount that reaches the goal in exactly that time.
This is a learning tool, not financial advice. The plain version is just arithmetic: what you still need divided by what you save, or the reverse. Turning on interest models a steady yearly rate, which real accounts rarely hold exactly.
- Without interest: months equals the amount still needed divided by your monthly contribution, rounded up to a whole month.
- With interest on: growth is compounded monthly using the annual rate divided by 12, and contributions are added at the end of each month.
- Contributions are assumed to be the same every month. No deposits or fees beyond what you enter are modeled.
- If a monthly amount can never reach the goal, the planner says so instead of showing a misleading number.