Savings Goal Calculator
See how long your savings goal takes — or what you need to save each month.
Time to reach your goal
21 months
- Still to save
- US$4,250.00
- Expected date
- June 2028
- Interest earned along the way
- US$147.06
- You'd contribute
- US$4,200.00
Want it sooner? Work backwards.
To hit US$5,000.00 in 12 months, save
US$349.32 / month
- That's per week, roughly
- US$80.61
How this works
The calculator runs your savings forward one month at a time: it adds the interest earned on the balance, then your monthly contribution, and repeats until you hit the target. That's why the answer accounts for compounding rather than simple division.
The second figure works the other way round — it tells you the monthly amount needed to reach the goal by the date you choose.
Want Edentro X to do this automatically?
This tool works out one number, once. Edentro X keeps the whole picture up to date for you — every receipt, bill and shop feeding the same intelligent view of your money.
- Scan a receipt once — spending, prices and inventory all update
- Bills, budgets and savings goals kept in step automatically
- Works on iOS, Android and the web
Free to use, nothing stored. Everything is calculated in your browser.