Savings goal calculator
Work backwards from the number you need to the amount you have to put away each month.
Source: your own figures · no market rate assumedThe arithmetic is the same in every country
How it works
The calculator solves for the monthly amount that gets you from what you have now to what you need, given the return you enter. Growth does part of the work, which is why the contribution is lower than the gap divided by the months.
Common questions
What return should I enter?
For a goal under three years, use a savings or term deposit rate. Over longer periods people often use a fund's long-run average, but that average is not a promise about your particular years.