Free calculator

Savings Goal Calculator

Turn a vague goal into a monthly number you can actually put in a budget.

Your numbers

$
$
mo
%

Everything is calculated in your browser. Nothing you type here is sent to Verdi or stored anywhere.

Save each month

$471.10

for 2 years

Still to fund
$12,000
Total you'll contribute
$11,306
Interest earned along the way
$694
Weekly equivalent
$108.72

How to use this calculator

Make the number automatic

A goal you fund with whatever is left at month end rarely gets funded. Move the monthly amount on payday, before spending starts.

If the number is too high

You have three levers: extend the deadline, lower the goal, or increase income. Extending the deadline is usually the least painful and easiest to sustain.

Common questions

Should I include interest?

For short goals under a couple of years, the difference is small — leaving the rate at zero gives a safely conservative number. For longer goals it matters more.

Where should short-term savings live?

Money you need within a few years is usually kept somewhere stable and accessible rather than invested, so a sudden drop can't push the goal out of reach.

This calculator is an educational estimate based only on the figures you enter. Verdi does not provide financial, investment, tax, legal, credit or lending advice. Actual rates, fees, taxes and terms offered to you may differ.