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Savings Goal Timeline Calculator

See exactly when you will hit your savings goal.

How to use

  1. Enter your values in the fields above.
  2. Press Calculate to see your result instantly.
  3. Use the Share button to copy a link to your result.

About this calculator

Reaching a savings goal with regular contributions and investment growth is the reverse of a future-value calculation: instead of solving for the ending balance, this calculator solves for how many periods it takes for a starting amount plus regular contributions, compounding at a given rate of return, to reach a target dollar amount.

Because the future-value formula involves an exponential term, this generally requires working backward algebraically rather than a simple division of goal by contribution size — a higher rate of return or a larger regular contribution can dramatically shorten the timeline, which is exactly what this calculator is built to show by comparing different contribution and return scenarios against the same goal.

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