Free tool · goals and sinking funds

Savings Goal Calculator

See the month you reach the goal at your current pace, how much interest helps, and what it takes per month to hit a date you choose.

Goal amount

Saved so far

Monthly contribution

Interest rate (APY %)

Want it by (optional)

You reach the goal–

Interest earned on the way$0

To hit your date–Pick a month above to see the monthly amount it takes.

0% of the goal saved

Interest is added monthly at APY ÷ 12. Runs in your browser; nothing is sent or saved.

How to use it

A date or an amount

Set the goal

The total you want: an emergency fund, a trip, a car, a down payment. Put in what you have already set aside for it.
Add the monthly amount

What you can move into it each month. Use the rate your savings account pays; leave it at zero for cash in a jar.
Or pick the date

Choose the month you need the money and the tool turns it around: here is the monthly deposit that gets you there.

Keep it going every month

Savings Goals & Sinking Funds Tracker Spreadsheet

Every goal and sinking fund in one file: what's saved, what's still needed, and whether you're on track.

One row per goal or sinking fund: type, account, target amount, target date, starting balance, monthly plan
Saved so far, remaining, and % funded worked out from your starting balance and the deposits you log
Needed per month to make each target date, and an On track or Behind check against your monthly plan
Projected finish date for every goal at the monthly amount you plan to set aside
500-row Deposits log with a goal dropdown; withdrawals are negative amounts, unmatched rows are flagged

See every tab Buy · $9

Or get it in the Money & Business Planning Bundle with the other templates, for $39.

Savings Goals and Sinking Funds Tracker dashboard showing saved so far, still needed, next target dates, and charts

Questions

Good to know

What is a sinking fund?

A savings pot for a known cost that is coming: insurance due in March, holiday gifts, a car repair fund. Saving a little each month means the bill never lands all at once.

Should the emergency fund come first?

Most plans say yes: one month of essential costs first, then debt, then three to six months. The spreadsheet below holds several goals side by side with their own dates.