Savings Goal Calculator
Estimate a future annual cost and the lump sum needed today to fund the complete goal.
Savings goal analysis
Savings Goal Report
Scenario summary
Annual goal costs
Future annual cost compared with its present value today.
Future costPresent value
Goal funding schedule
Every annual payment included in the lump-sum calculation.
| Goal year | Years from today | Future annual cost | Present value today | Cumulative future cost |
|---|---|---|---|---|
| Total | $0 | $0 | $0 | |
Assumptions
- The entered annual cost is stated in today’s dollars and increases by the entered cost-increase rate until and throughout the goal.
- The first payment is due at the beginning of the first goal year. Each later payment is due one year afterward.
- The present-value lump sum equals the sum of all future goal payments discounted independently to today using the entered annual investment return.
- The goal-start lump sum assumes the money remaining after each payment continues earning the entered return.
- Returns and cost increases are constant. Taxes, investment fees, market volatility, and additional savings contributions are not included.
This calculator provides a hypothetical estimate and is not investment or tax advice.