Whether you're saving for a house deposit, a new car, or an emergency fund, having a clear target and a monthly plan is the first step toward success. This calculator helps you work backward from your goal to see exactly what you need to set aside each month.
When setting a goal, be realistic about your timeframe and the interest rate you can achieve. Savings accounts, CDs, and other low-risk investments offer different rates that can significantly impact how much you need to contribute out-of-pocket.