Savings Goal Calculator
Set a target, a timeframe and an expected return — the calculator shows the monthly saving you need.
What makes up the target
| Current savings, grown | €1,647.01 |
| Deposits | €15,183 |
| Growth | €4,817.06 |
| Target | €20,000 |
Assumes a steady monthly return (annual ÷ 12) and end-of-month deposits. Returns are not guaranteed — taxes and fees are not included.
Pure mathematics — no annually updated constants.
Time does the heavy lifting
A savings goal has three levers: amount, time and return. Time is the strongest — the same goal needs roughly half the monthly amount if you start five years earlier. The bar shows how much of your target the market ends up paying for.
Use a realistic return. Long-term equity returns have averaged about 6–8% per year nominal; savings accounts much less. For short horizons (under 5 years), use a conservative figure — or zero if the money sits in a bank account.
What expected return should I use?
For long-term equity investing, 5–8% nominal is a historically grounded range. For a savings account, use its actual interest rate. Conservative beats optimistic.
Does the calculator account for taxes?
No. Returns are gross — capital gains tax applies when you sell, unless you use a tax-advantaged account.
What if I deposit at the start of the month?
Depositing early earns slightly more, so the result errs on the safe side.