Savings Calculator

Our savings calculator can help you determine how long it will take to reach your goals based on your beginning balance, an ideal beginning balance (AKA how much you need to start with to reach a specific goal), or how much you need to contribute to your existing balance to reach a specific goal.

If you’re saving for a long term goal you can also set this calculator to adjust for inflation.

Savings Calculator

(Hint: Enter amounts in the Beginning Balance and Periodic Contribution boxes.)

(Hint: Enter amounts in the Periodic Contribution and Ending Balance boxes.)

(Hint: Enter amounts in the Beginning Balance and Ending Balance boxes.)

(Hint: Check this box to show the ending balance in today's dollars.)

(Hint: Check this box to inflate the periodic contributions.)

Beginning Balance:
Interest Rate:
Periodic Contribution:
Number of Periods:
Inflation Rate:
Ending Balance:

Savings Schedule

Number Deposit Total
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By using this calculator you agree to terms and conditions. These calculators are designed to be informational and educational tools only, and when used alone, do not constitute investment or financial advice. We strongly recommend that you seek the advice of a financial services professional before making any type of investment or deciding on your financial matters. This model is provided as a rough approximation of future financial performance. The results presented by this calculator are hypothetical and may not reflect the actual growth of your own investments. We can't take into account potential lender fees, payoff schedule can be longer than in the estimation. Mycheckweb and its affiliates are not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Mycheckweb is not responsible for any human or mechanical errors or omissions.