Savings Goal Calculator
Enter your target amount, what you've already saved, and how much you plan to contribute regularly. We'll estimate how long it will take to reach your goal under the assumptions you enter — plus what-if scenarios for saving more.
0% is fine. This is an assumption you choose, not a predicted return.
Estimated to reach $10,000 by May 31, 2027.
How this is calculated
We simulate your savings period by period (daily, weekly, fortnightly or monthly, matching your contribution frequency), adding your contribution each period and applying any assumed growth rate you enter.
If you leave the assumed growth rate at 0%, this becomes a simple running total of your contributions.
The assumed rate is provided by you and is not a prediction of future returns.
Formula
Each period: balance = balance × (1 + assumed rate ÷ periods per year) + contributionWe repeat this until the balance reaches your target amountWorked example
To reach a $10,000 goal saving $250/week with 0% assumed growth takes about 40 weeks. At $300/week, that drops to about 34 weeks; at $400/week, about 25 weeks; at $500/week, about 20 weeks.
This calculator provides an estimate based on the numbers and assumptions you enter. It’s for general informational purposes and does not constitute financial, tax, legal, investment or credit advice. See our disclaimer and how we calculate pages for more detail.
Frequently asked questions
That's completely fine — it just means we won't add any assumed growth, only your contributions.