The Finance AlgorithmTFA

Savings Goals Tracker

Calculator

Track progress towards multiple savings goals with timelines and targets.

Free to useNo data storedAI insightsUpdated: March 2026

Saving for multiple goals can feel overwhelming. This tracker gives you a simple way to set targets, schedule monthly contributions, and see your progress for everything from holidays to emergency funds.

Enter Your Details

Enter Your Details

List your savings goals and desired amounts with deadlines.

$

Total you plan to save per month across all goals.

$

How much you've already saved across all goals.

Real-World Examples

Example 1: Dual Goals

Anna wants to save $2,000 for a holiday by March 2027 and $8,000 for an emergency fund by December 2027.

Inputs:

goals:Holiday - $2,000 by Mar 2027; Emergency Fund - $8,000 by Dec 2027monthlyContribution:800currentSavings:1,500
She can reach her holiday goal in 7 months and the emergency fund in 13 months if she maintains $800 per month.

Frequently Asked Questions

Glossary

Savings Goal
A specific amount of money you intend to set aside for a particular purpose by a certain date.
Monthly Contribution
The amount regularly deposited toward one or more savings goals.

Disclaimer: This calculator provides estimates only and should not be relied upon for financial decisions. Interest rates, fees, and policies change frequently. Always verify information with lenders directly. This is general information, not personal financial advice. Consider seeking advice from a licensed mortgage broker or financial advisor.

Last updated: March 2026

How to Use
  1. List each goal, the amount you want to save, and your target date.
  2. Enter your total current savings and how much you can save monthly.
  3. The tracker will show timelines and how long each goal will take based on your data.
  4. Adjust monthly contributions whenever circumstances change.
Key Information
  • Focus on a few priority goals to avoid spreading savings too thin.
  • Use specific, measurable goals (e.g., $5,000 Holiday by Dec 2026).
  • Revisit your goals regularly and adjust contributions as needed.
  • Automate transfers to separate savings accounts for each goal if possible.
Pro Tips
  • Name your accounts after your goals for extra motivation.
  • Achieving one goal ahead of time? Redirect the surplus to your next priority.
  • Track progress visually—momentum builds motivation!
Avoid These Mistakes
  • Setting vague or unrealistic goals.
  • Not reviewing or updating targets as life changes.
  • Pulling from goal savings for unrelated expenses.
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