Impact Tech Solutions · Financial Calculators
RETIREMENT GOAL

Retirement / Savings Goal Calculator

Calculates the required monthly savings to reach a target retirement or savings goal, accounting for existing savings and expected investment return.
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Required Monthly Savings
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Growth from Current Savings Alone
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Remaining Gap to Close via Savings

Formula Reference

Future Value of Current Savings = PV × (1+r)n
Required Monthly Savings (PMT) = (Goal − FV of Current Savings) × r ÷ [(1+r)n − 1]
Where r = monthly return rate, n = number of months
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