Target savings

Working backward. From the goal to the monthly.

Most goal-setting starts with a number that feels nice ("a million by 65") and never gets translated into what it actually takes month to month. This calc does that translation. If the monthly looks impossible, the timeline or the target was the problem, not your discipline.

Target amount
$
Years to get there
yr
Annual return rate
%

7% is the long-run nominal stock-market average.

Starting balance
$

Optional — what you've already saved toward this goal.

What your numbers say

The math

Inverse future-value annuity: PMT = (FV − PV·(1+r)ⁿ) × r / ((1+r)ⁿ − 1).

Solves for the annual contribution that gets you from your starting balance to the target. Annual compounding, end-of-year contributions — same convention as the rest of the calculators.

If the monthly feels impossible, that's data.

The number doesn't lie about whether the goal fits your life.

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