Goal Timeline
Enter your target amount, current savings, and monthly contribution.
Time to reach goal
0 yrs
Target date: —
Total needed
$0
Already saved
$0
Still needed
$0
Total contributions
$0
Interest earned
$0
Monthly to reach goal
$0
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Savings goal ($) | $50,000 |
| Current savings ($) | $10,000 |
| Monthly contribution ($) | $500 |
| Annual interest rate (%) | 2% |
| Result | Value |
|---|---|
| Time to reach goal | 6.1 yrs |
| Total needed | $50,000 |
| Already saved | $10,000 |
| Still needed | $40,000 |
| Total contributions | $46,500 |
| Interest earned | $3,636 |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Goal Timeline
- Savings goal ($) — default $50,000
- Current savings ($) — default $10,000
- Monthly contribution ($) — default $500
- Annual interest rate (%) — default 2%
- Press Calculate to update the results instantly.