Savings Goal Calculator

Visualize how long it will take to reach your financial targets, whether it's a down payment, a new car, or a dream vacation.

Input Data

Current HYSA rates are around 4.0% - 5.0%.

Results

Time to Reach Goal

1y 6m

Interest Earned

$362

Total Saved

$10,000

6m12m18m$0k$3k$6k$9k$12k

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The Power of Compound Interest

Even small monthly contributions add up over time. By keeping your savings in a High-Yield Savings Account (HYSA), your money works for you.

Tips to Reach Your Goal Faster

  • Automate It: Set up automatic transfers on payday so you never see the money.
  • Increase with Raises: Whenever you get a raise, increase your savings contribution by the same amount.
  • Audit Subscriptions: Cancel unused services and redirect that cash flow to your goal.