What rate would I need to earn on my savings?

Use this calculator to compute the rate of return you would need to reach your savings goal.


Balance on start date

Deposit amount

Savings goal

Number of years

Show amortization schedule


You would need a rate of 2.300 % to reach your savings goal.

Calculator tips

This calculator assumes a monthly deposit frequency and a monthly compounding period.

The start date is assumed to be the first day of the current month with periodic deposits beginning the first day of next month.

The savings goal is available upon your final deposit. The amount is adjusted by $0.01 to account for rounding.

Calculator disclaimer

The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.

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