# Savings Goal Calculator

> Work out how long it takes to reach a savings target, and what to save monthly.

To plan a savings goal, enter your target, what you have already saved, your monthly contribution and the expected return. The calculator steps month by month to find when you reach the goal, and also shows what monthly amount would get you there in five years.

**URL:** https://convertto.tech/t/savings-goal-calculator
**Category:** Calculators (https://convertto.tech/c/calculators)
**Privacy:** Runs entirely in the browser; no upload
**Cost:** Free, no sign-up
**Last updated:** 2026-08-01

## Key facts

- **Privacy:** Runs entirely in your browser — nothing is uploaded
- **Cost:** Free, unlimited, no sign-up

## How to use

1. Set the savings goal.
2. Set the already saved.
3. Set the monthly contribution.
4. Set the annual return.
5. The result appears immediately — copy or download it.

## FAQ

### Should I save monthly or invest a lump sum?

Mathematically a lump sum wins about two thirds of the time, because money invested earlier compounds longer. Regular saving wins on behaviour — it is consistent, and it removes the decision about when to buy.

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