Savings goal calculator
Find out how long it takes to reach a goal and how much to save each month.
How it works
Months needed = (goal − saved) / monthly saving. Monthly amount = (goal − saved) / months.
Results are for guidance only and do not replace professional advice.
Worked example
With the default values:
- Goal5000
- Already saved500
- Saved per month200
- Or: reach it in (months)12
you get:
- Time needed23 months
- Reached aroundSeptember 2028
- Monthly saving for 12 months€375.00
- Still to save€4,500.00
Frequently asked questions
How does the “Savings goal calculator” tool work?
Months needed = (goal − saved) / monthly saving. Monthly amount = (goal − saved) / months.
What do I need to enter?
Just fill in: goal, already saved, saved per month, or: reach it in. The result updates as you type.
Can you give an example?
Goal: 5000; Already saved: 500; Saved per month: 200; Or: reach it in (months): 12 → Time needed: 23 months; Reached around: September 2028.
Is this calculator free, and is my data private?
Yes. HOD Calc is completely free with no sign-up. The calculation runs in your browser: nothing you type is sent or stored.