Savings Goal Calculator

Project how long it will take in Canada to reach a savings goal with monthly contributions and a modest yield.

1Enter the goal amount and your current balance.

2Set your monthly contribution and expected yield.

3Use the timeline to plan the goal realistically.

Target amount

Current savings

Monthly contribution

Annual yield

Time to goal

1y 11m

Projected balance: $15,084

Months to goal

Projected balance

$15,084

Savings Goal Calculator
Target amount: $15,000
Current savings: $3,000
Monthly contribution: $500
Annual yield: 3.5%

Time to goal: 1 years, 11 months
Projected balance at goal: $15,084

Exports for this tool