Saving

Savings Goal Calculator

Find out how long it takes to reach your target, or reverse engineer the regular contribution needed to hit it by a set date.

Work out how long it takes to reach a target, or what regular contribution you need to hit it by a certain date.

What would you like to find out?

Savings goal

Amount already saved

Regular contribution

Contribution frequency

Interest rate (annual)

Enter your savings goal and what you already have saved to see your results.

Disclaimers

This is a model, not a prediction. Estimates depend on the inputs you provide and cannot account for things like changes in interest rates.
The calculator is a guide only and should not be your sole source of information when making financial decisions.

Assumptions

Any interest earned is reinvested back into the savings account.
No allowance is made for inflation, allow for future price rises when setting a savings target.
No allowance is made for income tax on interest earned, or for account or transaction fees.

Assumptions and disclaimers adapted from ASIC MoneySmart.

A conversation with FI Advice is complimentary, obligation-free, and entirely focused on your goals.