Saving & investing

Savings Goal Calculator

Estimate monthly contributions needed for a target after allowing for current savings.

Browser-based calculationModel notes updated 30 September 2026Formula & example below

Make the numbers yours.

Savings Goal Calculator inputs
₹
₹
%
years
Calculations run in your browser. Inputs are not uploaded or saved by the tool. Pre-filled values are examples, not recommendations.
Your numbers, made clearer
Monthly saving needed₹11,694.72
Goal₹10,00,000.00
Existing savings at target date₹1,46,932.81
New deposits₹7,01,683.14

Illustrative result. Review the inputs and the assumptions below.

What this calculation tells you

A goal has three moving parts: the future amount you want, the money already set aside and the time available. This tool grows the existing balance under your assumption, then solves for an equal end-of-month contribution to close the remaining gap.

The target is a future rupee amount. If your goal is stated in today’s prices, first estimate a future cost using the inflation calculator. This page does not select an investment or judge whether the resulting contribution fits your budget.

The method, explained

i = (1 + annual return ÷ 100)^(1/12) − 1
Monthly contribution = max(0, target − savings × (1 + i)^n) ÷ [((1 + i)^n − 1) ÷ i]

The inputs use the units printed beside each field. Values shown in result cards are rounded for readability; the calculator keeps more precision while applying the formula.

A worked example

Target amount: ₹10,00,000.00 · Current savings for this goal: ₹1,00,000.00 · Assumed annual return: 8 % · Time to goal: 5 years.

Monthly saving needed: ₹11,694.72

This example uses the inputs above. Your result changes when you change them.

Assumptions & limitations

  • Current savings remain invested and monthly contributions arrive at month-end.
  • Returns are constant and not guaranteed; tax and fees are excluded.
  • A zero required contribution means the assumed existing growth covers the goal, not that the goal is assured.

Questions about this tool

What happens at 0% return?

The gap between the target and current savings is divided by the number of months.

Does the target automatically include inflation?

No. Enter a future target amount or first calculate an inflation-adjusted target.

References & further readingCompound interest: inputs and compounding explained — Investor.gov ↗

Context checked 30 September 2026. External sources do not endorse this tool.

Published by Sanu Tech Innovation LLP · Model notes updated 30 September 2026. Read our calculation standards or report a reproducible issue.

24 browser-based tools · Search stays on this page · Esc to close