Savings goal calculator
Enter the target, current savings, monthly contribution, rate and years to see the projected balance.
Result
Saving $200/month at 5% for 10 years from a $1,000 start reaches about $32,600.
Example
Project how a savings goal grows with monthly contributions in your browser. Values stay on your device.
Saving $200/month at 5% for 10 years from a $1,000 start reaches about $32,600.
Processed locally in your browser.
Methodology
Balance = current·(1+r)^t + contribution·[((1+r)^t − 1) / r], with r as the monthly rate.
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