Savings Goal


Use this calculator to figure how much your current savings will grow and how much more you'll need to save each month in order to achieve a given savings goal within a given number of years.

This is a hypothetical example used for illustrative purposes only and does not represent the return of any specific investment. Actual rates of return will vary over time; particularly for long-term investments.
 

 

Instructions: Start with Line 1 and enter your future savings goal.

The large text box will display detailed instructions/information when clicking in or tabbing into any text box.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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TAX
  Tax Estimator

BORROWING
  Loan Amortization
  Loan Comparison
  Missing Loan Term
  Debt  Consolidation

INVESTMENT
  Portfolio Mix
  Compounding Interval
  Single Future Value
  Periodic Future Value
  Savings Time
  Savings Goal
  Lump Sum Savings
  Retirement Savings
  IRA Distributions
  College Funding

MORTGAGE
  Mortgage Qualification
  Bi-Weekly Mortgage
  Mortgage Refinancing
  Payoff Goal
  Rent vs. Buy

BUDGETING
  Net Worth
  Cash Flow
  Expense Percentage
  Wage Conversion
  Irregular Payments
  Credit Card Payment
  Debt Investment
  Average Interest Rate
  Real Hourly Wage
  Lifetime Earnings
  Generic Savings
  Car Cost Comparison
  Transportation Savings

 

Savings Goal.

 

Instruct/Explain
 

Current savings balance.
Annual
percentage
rate (APR).
Number of years.
 

 

Current savings FV.
Total savings gap.
Monthly deposit required.
 

Please allow for slight rounding differences.

Copyright 1998-2001 Daniel C. Peterson, All Rights Reserved