FREE TOOL
Savings Goal Calculator
Saving for a house, a wedding, or a big trip? See exactly how much to set aside each month to hit your goal on time — and turn a vague wish into a plan.
🤮 Interactive calculator coming soon
Soon you’ll enter a goal amount and target date to get your monthly number. For now, the quick math and where to keep the money.
The quick math
At its simplest, divide your goal by the number of months until you need it. Want $12,000 for a down payment in two years? That’s $500 a month. Keep the cash in an interest-earning account and you’ll get there a little faster, since the balance earns along the way.
Where to keep goal savings
For goals within a few years, keep the money safe and accessible in a high-yield savings account — not the stock market, where a short-term dip could hit right when you need the cash. For a fixed date further out, a CD can lock in a guaranteed rate.
Automate it
Set up an automatic transfer the day after payday so the goal funds itself before you can spend the money elsewhere. Pair it with a simple budget and the goal quietly takes care of itself.
Hit your goals — free weekly tips
For educational use only. Not personalized financial advice.
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