Savings Goal Calculator for Short Term Financial Goals

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Bank of America

See how long it takes to save for things you want in life

A good savings plan goes a long way toward making your short-term savings goal a reality.

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Your goal

Tell us more about how much you need and when you need it.

* Response required

How much do you need? *Enter $ amount.Enter only numeric digits without decimals, between $1 and $50K.

When do you want to reach your goal?

Years *Enter only numeric digits without decimals, between 0 and 5.

and

Months *Enter only numeric digits without decimals, between 1 and 12.

How much interest? *Enter only numeric digits up to 2 decimal places.

Interest rates may vary. Learn more about interest rates

Your personal savings target to reach your goal:

Save less than $1/month

This calculator is for illustrative purposes only.

Save toward your goal

Whether you’re new to saving or an experienced saver, you can enjoy a wide range of benefits and services that help you grow with your savings account.

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View your goals

Use our Goals Tool and easily track your progress.

Planning for retirement?

Try our Merrill Edge personal retirement calculator. Learn about planning for retirement

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Your goal