Savings Goals Calculator

More Information

This calculator will help you work out how long it will take to reach your savings goals

Your financial planner can help by:

  • Using the results from your budget planner to establish how much you can afford to save.
  • Discussing your options for savings products, taking into account your time frame and risk tolerance. An example of products that can be discussed include:
    • High Interest Savings Accounts
    • Term Deposits
    • Managed Investment Platforms
  • Helping you set up a direct debit into the savings product that you choose.

Your goal

As much as possibleOR

As soon as possibleOR


What do I do next?

Assumptions & Disclaimers


  • This is a model, not a prediction
  • This calculator only gives estimates of regular amounts to save, amounts saved and the time period it will take. We cannot predict things that will affect your decision such as movement in interest rates.
  • This calculator should not be used as your sole source of information and therefore we recommended that you speak to one of our licensed financial planners about getting advice.


  • It assumes that you reinvest the interest earned back into the savings account.
  • It makes no allowance for inflation, you should take future price increases into account when setting your savings goal.
  • It makes not allowance for tax payable on interest earned or on the sale of any investments.
  • It makes no allowance for extras such as account or transaction fees
  • It uses a constant interest rate, which compounds at the same frequency as your repayments.
  • It assumes that each year is divided into 52 weeks, 26 fortnights and 12 months of equal length and that you make regular savings payments at the start of each period.