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Savings Goal Calculator
Enter your target and contributions to see how long it will take to reach your goal.
Savings goal calculator
See how long it takes to reach a savings goal — great for emergency funds, holidays and house deposits.
Time to reach goal
6y 5m
Balance at goal
$20,108
Projected balance
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.