Savings Calculator
Math & EverydayHow much to save each month for a goal — or what your saving will grow to.
Runs entirely in your browser — nothing is uploaded
Features
- Works both ways — from a goal, or from what you save.
- Splits the result into deposits and interest.
- Shows what the goal is worth in today's money.
- Results update as you type, with no button to press.
How to use the Savings Calculator
- 1Choose whether you have a goal or an amount you save.
- 2Set the return and the time frame.
- 3Read the monthly figure, or the projected balance.
Frequently asked questions
How much should I save each month?
Work backwards from the goal and the time you have — that is what the goal mode does. As a general habit, 20% of income towards savings and investments is a common benchmark, with an emergency fund of three to six months of expenses coming first.
What return should I assume for savings?
For money needed within two or three years, assume a deposit rate of 6–7% and prioritise not losing it. For longer horizons a mix including equity might average 9–12%, with real volatility along the way. Being conservative here means the plan survives a bad year.
Why does the goal look smaller in today's money?
Because inflation erodes what it will buy. A ₹10 lakh goal in ten years buys roughly what ₹5.6 lakh buys today at 6% inflation. If the goal is a real thing — a car, a course, a deposit — set the target against what that thing will cost then, not now.