Savings Goal Calculator

See how long it may take to reach your savings target.

Savings Goal (AUD)

Current Savings (AUD)

Monthly Contribution (AUD)

Expected Annual Interest Rate (%)

Target Time (Years)

Savings Goal $50,000.00

Current Savings $10,000.00

Remaining Amount Needed $40,000.00

Total Future Contributions $36,000.00

Estimated Interest Earned $0.00

Estimated Final Balance $0.00

Goal Status Calculating...

This calculator provides a general estimate of how your savings may grow over time based on your current balance, monthly contributions, target timeframe and expected annual interest rate. Actual results may vary due to interest rate changes, fees, taxes and contribution timing.

How this calculator works

The Savings Goal Calculator estimates whether your current savings plan will reach your target within your chosen timeframe. Enter your savings goal, current balance, monthly contributions, expected interest rate and target period. The calculator estimates your future balance, interest earned, remaining amount needed and whether you are on track to achieve your goal.