RandRoute · South African money tools
Savings Goal Calculator
Give your goal a monthly number and make the next step feel more concrete.
Calculator inputs
- Target amount
- Starting balance
- Timeframe
- Annual return assumption — An estimate, not a guaranteed return.
How the calculator works
The savings goal tool starts with your target, current balance, timeframe, and a return assumption, then estimates the monthly contribution needed to close the gap.
Example calculation
Set a R100,000 target, start with R10,000, and choose 24 months. Increase the monthly contribution or extend the timeframe to see which lever makes the goal workable.
Frequently asked questions
- How much should I save each month?
- Start with the gap between your current balance and goal, divide it across the available months, and only include a return assumption when it is realistic for the account or investment.
- Should an emergency fund be invested?
- Emergency money usually benefits from access and stability. Match the account to the purpose and time horizon rather than chasing a return assumption.
Related financial tools
Estimate only. Results are based on the information entered and applicable assumptions. Actual amounts may differ.