Savings Goal Calculators

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Use these savings goal calculators to work out your savings strategy to achieve a financial goal. Perhaps you want to save for a motor vehicle or a deposit on a house. The first tool will tell you how much you will need to save each month in order to achieve your goal. The second calculator will tell you how long it might take you to save.

How much should I save each month to reach my goal?


How long will it take me to save X ?

Current savings future value:
Total savings gap:
Monthly deposit required:

Months until goal is met:

Years until goal is met:


Whilst every effort has been made in building these savings goal calculators, we are not to be held liable for any special, incidental, indirect or consequential damages or monetary losses of any kind arising out of or in connection with the use of the calculator tools and information derived from the web site. These tools are here purely as a service to you, please use them at your own risk.

The calculations given by the savings goal calculators are only a guide. Please speak to an independent financial advisor for professional guidance. Read the full disclaimer.

Saving towards a goal

Whether you're waiting to invest in a new car, saving for your dream holiday or raising a deposit for a new house it can be tricky to work out how much money to put aside each month to ensure you meet your desired savings target within a set period of time. By using the calculators above as a guide, you should be able to form an effective saving strategy in order to achieve your goal.

Once you know how much to put aside each month, read our article how long will it take me to save to learn some strategies for saving towards your goal.

If you want to work out how much interest you can earn on a lump sum, give the compound interest calculator or simple savings calculator a try.

If you have any problems using my savings goal calculators, please contact me.