Savings Goal Calculator Australia
Calculate how much you need to save each month to reach a savings goal in Australia, including your current balance and an illustrative return.
All amounts are in Australian dollars (AUD).
Adjust your plan
Move the sliders or enter exact amounts.
Your estimate
Updates instantly as your numbers change.
Save each month
$1,184
$14,204 each year at the entered assumptions.
Save each fortnight
$546
An equivalent contribution across 26 fortnights each year.
How this calculator works
Turn a target amount into a practical monthly contribution. Your existing savings are allowed to grow first, then regular contributions are added at the end of each month.
Important assumptions
- The return stays constant for the full period.
- Contributions are made at the end of each month.
- Tax, fees, and inflation are not included.
These results are general illustrations only and are not financial advice. Actual outcomes can differ.
Turn the estimate into a living plan
Fireball is preparing Australian budgeting, net worth and retirement planning. Join the waitlist for launch news.
Common questions
Terms explained
- FIRE number
A FIRE number is the invested amount you need for your investments to cover your yearly spending, often 25 times annual spending.
- Compound interest
Compound interest is earning returns on your past returns as well as on the money you put in.
- Real return
A real return is an investment return after inflation, which shows how much your buying power actually grew.
- Net worth
Net worth is everything you own minus everything you owe.