Savings goal calculator
Work out how much to save each month to reach your goal on time.
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Pick a target date in the future to see how much to save each month.
Reach your goals with Penge
Set savings goals and watch your progress update automatically from your bank accounts.
How much do I need to save each month?
Enter your goal, anything you have already put aside and the date you want to reach it by. The calculator works out the fixed monthly amount that gets you there, and if you add an expected annual return it uses the future value of a regular savings plan so your contributions and their growth are both counted. Leave the return at zero and it simply splits what is left over the months remaining.