MoneyMetic

Savings Goal

Include money already saved, your deadline and an interest assumption; see the full path to your goal.

Your inputs

Example amounts are editable. Currency changes labels, not amounts.

Your calculation

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Method & assumptions

How this is calculated

Monthly saving = max(0, [target − existing balance × (1+r)^n] / [((1+r)^n − 1) / r]). Use a straight-line saving plan when r = 0.

Monthly deposits at month end. Constant return, no taxes, charges or inflation. When existing savings already cover the projected target, no additional deposit is required.