Does APY make a big difference?

Over longer timelines, higher APY reduces the required monthly amount.

What if my timeline is fixed?

Increase monthly contributions or start with a higher initial balance.

Solve for the monthly contribution that reaches your target by a deadline.

Updated 2025-08-09

With compounding, your target can be met with a combination of the initial balance, monthly contributions, time, and APY.

Automate transfers, increase the amount with each raise, and compare APY options across banks.

Enter your numbers to compute the monthly amount required.

Does APY make a big difference?: Over longer timelines, higher APY reduces the required monthly amount.
What if my timeline is fixed?: Increase monthly contributions or start with a higher initial balance.

How much to save each month to reach a target by a date.

Project savings growth with contributions and APY.