MO NT H LY G OA L

HOW TO USE: This sheet calculates how much to set aside each month to meet your savings goal in the
number of years you specify. Enter your information in the Savings Calculator table. In the Results
table you can see how much to save each month and how saving more or less each month will impact your
total savings.

S A V I N G S C A L C U L AT O R

Number of years Annual Percentage

Current amount you have saved Amount you want to save
you can save Yield (APY)

1,000 10 1.00% 15,000

R E S U LT S

Amount you need to contribute

Total amount you will save
each month

Your plan 15,000 110

Contribute less 8,052 55

Contribute more 21,948 165

T O TA L S A V E D
22,000
21,948

16,500

15,000

11,000

8,052
5,500

Your plan Contribute less Contribute more

1
 S AVI N G S G OA L
HOW TO USE: This sheet calculates how much you will save in the number of years you specify based on
the amount you want to save each month. Enter your information in the Savings Calculator table. In
the Results table you can see your total savings and how it will be aected if you save more or less each
month.

S A V I N G S C A L C U L AT O R

Number of years Annual Percentage Amount you can

Current amount you have saved
you can save Yield (APY) contribute each month

1,000 5 5.00% 150

R E S U LT S

Total amount you will save Monthly contribution

Your plan 11,508 150

Contribute less 8,952 113

Contribute more 14,064 188

T O TA L S A V E D
15,000

14,064

11,250
11,508

8,952
7,500

3,750

Your plan Contribute less Contribute more

2
 T IM E G OA L
HOW TO USE: This sheet calculates how many years it will take to achieve your savings goal given the
amount you contribute each month. Enter your information in the Savings Calculator table. In the
Results table you can see how long it will take to reach your goal, and how saving more or less each
month will aect the number of years you need to save.

S A V I N G S C A L C U L AT O R

Amount you can Annual Percentage Amount you want

Current amount you have saved
contribute each month Yield (APY) to save

1,000 165 5.00% 10,000

R E S U LT S

Number of years to save Monthly contribution

Your plan 4 165

Contribute less 5 128

Contribute more 3 227

YEARS
6

5
5
4
4
3
3
2

Your plan Contribute less Contribute more