Savings Goal Calculator
State the target and the deadline; the calculator gives the monthly deposit that gets you there.
Start with the deadline
A target without a date is a wish. Fix the date first — the monthly number follows from it, and if it is unaffordable, the deadline is what must move.
Existing savings matter
Money already invested keeps compounding, so it reduces the monthly deposit by more than its face value.
What return should I assume?
Use a conservative figure for the asset class. A savings account and an equity fund are not the same risk.
Does inflation defeat this?
It reduces purchasing power — use the inflation calculator alongside.
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Inflation CalculatorWhat an amount will cost in future, and what today’s money buys later.
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