Turn plans into savings targets.
Explore how much to set aside, how your savings could grow and how timing affects your progress. Open a question to see its calculator and what to have ready.
What would you like to work out?
Savings Goal and Savings Growth are in preparation. Cost of Delaying Savings is available with a retirement-based timeline. Open a question for details; you can keep more than one open.
Savings Goal Calculator How much should I save each month to reach my goal?
Savings Goal Calculator
Turn a target amount and deadline into a savings plan. The planned calculator will account for money already set aside and show how contribution and growth assumptions affect the amount you need to add.
Before you start
Gather your target cost, deadline, savings already earmarked for the goal and a contribution schedule you can manage. Choose a suitable growth assumption. Keep emergency reserves and money for other goals separate; identify whether the target is in today’s or future dollars.
Calculator in preparation
Savings Growth Calculator How much could my savings grow over time?
Savings Growth Calculator
Explore a future balance using starting savings, regular contributions, time and an assumed rate. The planned breakdown will distinguish money you deposit from modeled interest or growth.
Before you start
Have your starting balance, contribution amount and frequency, time horizon and rate information ready. Check whether the rate is an interest rate or APY, and note fees or conditions that could change the result.
Calculator in preparation
Cost of Delaying Savings Calculator What could waiting to start saving cost me?
Cost of Delaying Savings Calculator
Compare starting now with starting later under the same annual contribution and return assumptions. The existing calculator uses current and retirement ages to set the timeline; a general life-goal version is planned for its later rebuild.
Before you start
Have your current age, planned retirement age, delay in years, annual contribution and return assumption ready. The displayed balance difference can include both contributions not made and their potential growth; it is not all lost interest.
A few useful distinctions
How do the Savings Goal and Savings Growth calculators differ?
The goal tool starts with an amount and deadline, then works toward a contribution target. The growth tool starts with a balance and contribution plan, then explores a future balance. Keep money already allocated to another goal separate, and check whether your target includes future cost increases.
Is APY the same as an interest rate or an assumed investment return?
APY reflects the effect of compounding over a year. A stated interest rate may use a different compounding basis, while an investment-return assumption can include risk and uncertain results. Enter the rate type the tool requests; do not add compounding twice or treat an assumed rate as a product quote or guarantee.
Does delaying savings mean the whole balance difference is lost growth?
No. Starting later can mean fewer contributions as well as less time for those contributions to grow. Compare the same end date and check how each scenario treats contributions and existing savings. The current delay tool uses a retirement timeline. A hypothetical comparison does not mean that saving sooner is feasible for every household.
Official guides for a closer look
Investor.gov: explore a savings goal
See how a target, current savings, time and rate assumptions relate to monthly contributions.
Investor.gov: explore compound growth
Compare how starting funds, regular contributions and compounding can affect a balance.
Investor.gov: consider your timeline and risk
Think about when you need the money and the possibility of investment losses.
CFPB: understand bank and credit union accounts
Review account choices, access to funds, fees and other terms.