Savings Goal Calculator
Enter your target, your current balance and what you can set aside each month. The calculator returns the time to reach the goal and how much of it comes from interest rather than deposits.
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Time to reach your goal
3 yr 9 mo
- Total months
- 45
- Total deposited
- $23,000
- Interest earned
- $2,339
Frequently asked questions
- Should an emergency fund sit in a high-yield savings account?
- A high-yield savings account keeps the money accessible with no withdrawal penalty, which is the property that matters most for an emergency fund. A CD pays more but locks the balance for a fixed term.