Project your savings to a target date and see if you'll make it.
A savings-on-track calculator projects your balance to a target date and compares it with your goal, showing any surplus and the monthly contribution needed to close a shortfall.
Knowing whether you'll reach a savings goal means comparing two things: what your current balance and contributions will grow to by the deadline, and the target itself. The calculator shows the gap and, if you're short, solves for the monthly amount that would get you there, turning a worry into a concrete plan.
If the projection falls short, you can raise the monthly contribution, extend the timeline, or accept more investment risk for a higher expected return. Contributions are the most reliable lever because they don't depend on markets. For goals within a few years, keep the money somewhere stable so a downturn can't derail the deadline.
Compare your projected balance at the deadline with the target. If it's short, the calculator shows the extra monthly amount needed to close the gap.
Increase the monthly contribution, extend the timeline, or adjust your return assumption. Contributions are the most dependable lever.
For goals within a few years, favor stable, liquid accounts over the market so a downturn doesn't threaten the deadline.
See the exact formula and a worked example on our methodology page.