Savings Goal Calculator
Saving for something? Enter your goal and what you've already put aside. See how long it takes at the amount you can save, or how much you need each week to get there by a date you choose.
Your savings goal
Please enter amounts of 0 or more, a savings amount above 0 and a target date after today.
- Deposits needed
- –
- You reach your goal on
- –
- Weeks left
- –
- Save per week
- –
Key facts
- How long mode
- Deposits needed = (goal − saved) ÷ amount, rounded up
- How much mode
- Per week = (goal − saved) ÷ weeks left, rounded up to the cent
- Periods
- Save per day, per week or per month
- Currency
- Any: amounts are plain numbers in your own currency
A savings goal is easier to stick to when you can see the finish line. This savings goal calculator answers the two questions people ask most: how long will it take? and how much do I need to put aside? It works in any currency, because you simply enter the amounts in yours.
How to use the savings goal calculator
- Enter your savings goal and what you have already saved.
- Choose a mode:
- How long will it take? Enter the amount you save each time and how often: every day, week or month. You’ll see how many deposits you need and the date you reach your goal.
- How much per week? Pick the date you want to reach your goal. You’ll see how many weeks are left and how much to save each week.
How the calculation works
How long: the amount still missing is goal − already saved. Deposits needed = missing amount ÷ amount per deposit, rounded up, since a part deposit is still a deposit. The goal date is today plus that many days, weeks or calendar months.
How much: weeks left = days from today to your date ÷ 7. Save per week = missing amount ÷ weeks left, rounded up to the next cent, so the last week never comes up short.
The calculator doesn’t add interest. It plans only with the money you put aside yourself.
Worked examples
Goal 500, saved 50, 25 a week. Missing: 500 − 50 = 450. Deposits: 450 ÷ 25 = 18. You reach your goal in 18 weeks.
Same goal in 10 weeks. Missing: 450. Per week: 450 ÷ 10 = 45. Put aside 45 a week and you’re there on your date.
Goal 1,200, nothing saved yet, 100 a month. 1,200 ÷ 100 = 12 deposits, so one year from today.
Tips for reaching your savings goal
- Make it automatic. A standing transfer on payday does the work for you.
- Start small. A smaller weekly amount you can keep up beats a bigger one you skip.
- Use the how-much mode to test dates. Moving the date a few weeks later can make the weekly amount much friendlier.
- Count small extras. Gift cards, cashback and change you’d otherwise spend can all go towards the goal.
Everything runs in your browser; nothing you type is sent or saved.
Give your goal a little boost
Every bit helps. With Playout, the casual games you play on Android earn coins that turn into PayPal cash or gift cards, a fun extra on the way to your goal. See how small daily amounts can add up in our guide to setting a small daily earning goal.