Popular savings goals
| Goal | Typical target |
|---|---|
| Starter emergency fund | $1,000–$2,000 |
| Full emergency fund | 3–6 months of expenses |
| Vacation | $2,000–$5,000 |
| Car down payment | 10–20% of the price |
| Home down payment | 3–20% of the price |
Make it automatic: schedule a transfer the day after payday. Want a fun approach? Try the 52-week money challenge.
Savings Goal Calculator FAQs
Is the interest guaranteed?
Savings account rates can change at any time. Use a conservative rate.
Should I invest instead?
For goals under about 3–5 years, many people prefer savings accounts or CDs because stock prices can fall right when you need the money.
Is my information saved or sent anywhere?
No. Everything is calculated in your browser and nothing is sent to a server.