Goal Timeline Calculator
Plan for major financial goals with step-up contributions. See how increasing your savings rate can accelerate your timeline.
Plan your goal timeline
This calculator estimates how long it will take to reach a saving goal with regular contributions and optional step‑up increases. Enter your target amount, starting balance, monthly contribution, expected return, and (optionally) configure automatic increases at a set interval.
Use it for down payments, education funds, or any long‑term goal. If the timeline is too long, consider increasing contributions, adding a step‑up plan, or revisiting the return assumption. Pair this with the Savings Rate and Compound Interest tools for a holistic plan.
Remember that returns vary from year to year. For shorter horizons, favor conservative assumptions. Revisit your plan regularly and adjust as income and expenses change.
FAQs
What’s a realistic return to assume?
For goals within 3–5 years, consider very conservative rates. For longer horizons, 6–7% pre‑inflation is a common long‑term planning baseline for diversified portfolios.
How often should I review my plan?
Quarterly is a good rhythm. Increase contributions after raises or windfalls and reduce them temporarily during tight months—consistency matters most.
Should I prioritize multiple goals?
Sequence goals based on urgency and ROI. Keep an emergency fund first, then pursue high‑impact goals. Split contributions if timelines are flexible.