Track how far you are toward a target savings amount.
Enter what you've already saved, your savings goal, and how much you plan to contribute each month. The bar fills to show what percentage of the goal you've reached, and if you entered a monthly contribution, it estimates how many months are left until you hit the target.
The months-remaining estimate assumes a steady monthly contribution with no growth or interest included — it's a simple division of the remaining amount by your monthly contribution. If your savings earn interest, you'll likely reach the goal a little sooner than shown here; for a projection that accounts for interest, pair this with the compound interest calculator.
Less than most people expect, at least over a short timeline. Take this page's own default numbers: saving €100 a month toward a €1,000 goal takes exactly 10 months with no interest. Add a 3% annual interest rate to that same plan, and the timeline barely moves — down to about 9.9 months. Interest needs a long runway and a larger balance to meaningfully compound; over a few months on a four-figure goal, it's nearly invisible, which is exactly why this counter's simple division is already a close estimate without needing to model interest at all.
The estimate only appears when you enter a monthly contribution above zero — without one, there's no rate to calculate a timeline from.
No, it only tracks the current savings amount you enter against your goal. Update the current savings figure manually as your balance grows to keep the bar accurate.
The bar caps at 100% even if your current savings exceed the goal — you've reached the target either way.
For the default example on this page — saving €100 a month toward €1,000 — even a 3% annual interest rate only shaves the timeline from 10 months to about 9.9 months. Interest barely matters over a short timeline with a modest balance; it becomes meaningful mainly over years, not months, which is why the simple months-remaining estimate here is a close approximation even without factoring interest in.