Savings Goal Calculator

Calculate how much money you need to contribute each month in order to arrive at a specific savings goal. You can find out if you’re dealing with a registered investment professional with a free simple search on Investor.gov’s homepage

* DENOTES A REQUIRED FIELD

Step 2: Initial Investment

Amount of money you have readily available to invest.

Step 3: Growth Over Time

Length of time, in years, that you plan to save.

Step 4: Interest Rate

Your estimated annual interest rate.

Step 5: Compound It

Times per year that interest will be compounded.

Next Steps

Compound Interest Calculator

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See how your invested money can grow over time through the power of compound interest., or use the savings goal calculator to find out how much you need to save to reach a specific amount.

Required Minimum Distribution Calculator

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Find out how much you are required to withdraw from your retirement fund at various ages.