Savings Calculator & Schedule
The Savings Calculator, like the other financial calculators on this site, helps with financial planning. A basic savings calculator can calculate only a final value. This calculator can solve for any one of four unknowns. More details below…
The Calculator-Calculate Savings Amount, Rate, Term and Final Amount
To set your preferred currency and date format, click the “$ : MM/DD/YYYY” link in the lower-right corner of any calculator.
Information
Periodic Deposit Calculator
According to InvestNaija (2025), “start with a small, regular savings amount and increase it as your income grows. … If you wait to save what’s left over after spending, you’ll be waiting forever.” This shows that modest but consistent savings habits build wealth and discipline more effectively than irregular, lump-sum deposits.
This savings calculator takes an optional starting amount and periodic deposits to calculate a final value.
- Solve for multiple unknowns
- Create a printable schedule showing interest earned each period
- Calculate compound or simple interest
Teach children about saving and interest (free money!)
You can set the “deposit/investment frequency” to weekly to make this a Weekly Savings Calculator, or to monthly to make it a Monthly Savings Calculator.
There are eleven deposit frequencies available. Select the one that fits your situation. To build a savings habit, select a periodic deposit that aligns with your employer’s pay schedule.
After the calculation, click the schedule button to create a savings schedule at the selected frequency. If you prefer visual results, review the available charts.
With this calculator, you can answer questions such as:
- What will my savings grow to after “X” years?
- How much should I save each month?
- What is the interest rate?
- How long will it take to reach my goal?
You can ask other similar questions, and this Savings Calculator will calculate the answers.
Saving a Dollar a Day Calculator
Let’s demonstrate the flexibility of this calculator. This example is also suitable for teaching children. How much will you have if you save one dollar per day for forty years—a typical working lifetime? What portion of the final value will come from contributions, and what portion will come from investment gain?
Consider your answer.
To try the dollar-a-day calculation, configure the calculator as follows. Adjust the dates and the interest rate as needed.
Savings on Hand (PV) (can be 0): $0.00 Periodic Savings Amount?: $1.00 Number of Periods to Save? (#): 14,600 Annual Interest Rate?: 5.0% Goal Amount (future value)?: $0.00 Today’s Date?: 03/01/2024 First Deposit Date?: 03/01/2024 Deposit/Investment Frequency?: Daily Compounding?: Daily
Note that I selected 5.0% as the interest rate. This does not imply that a bank savings account will pay this rate. It is approximately halfway between the rate of 10-year U.S. Treasury bonds and the average return of the U.S. stock market as of early 2024.
I will leave the calculation to you.
The interest earned from daily compounding is almost twice the total amount invested.
This savings plan calculator provides flexibility so that you can test most savings plans. You should find it straightforward to answer the question, “how will my savings grow?”
If you do not, please ask.
Savings Calculator Help
Calculate 4 unknowns.
If you have already started saving toward a goal, enter the amount saved in “Savings on Hand”. Otherwise, leave this value set to zero.
This calculator can solve for any one of four variables: “Annual Interest Rate or ROI”, “Number of Periods to Save”, “Periodic Savings Amount”, and “Goal Amount”. Enter zero for the unknown value.
For example, suppose you want $100,000 after 15 years and you can save $5,000 per year. What interest rate must you earn? Because we will solve for the return on investment, enter “0” for the “Annual Interest Rate”. Assume you will contribute once each year. Enter “15” for the “Number of Periods”. Set both the “Savings Frequency” and “Compounding Frequency” to “Annually.” Enter “5,000” as the “Periodic Savings Amount”. Enter “100,000” as the “Goal Amount”.
Select “Calc”. The result should be “3.5%”.
To reach a goal of $100,000 after 15 years, you must earn 3.5% on your annual deposits. In the same way, you can calculate how much to save periodically, the amount you will have after saving a specified amount, or how long it will take to reach a goal. Enter “0” for the unknown and enter values for the remaining fields.
prakash singh says:
how to change currency “$” to INR
Karl says:
‘INR’ is not currently supported. However, I could add it, but there are 2 issues. First, the number of characters that can be entered is limited. So adding INR reduces the number of digits by 2.
Also, for Rupees, I guess you don’t use the decimal character? These calculators currently require it. Even if I added INR, you would only be able to enter INR100.00.
Also, the Lakh causes a problem Even if the calculators showed INR, it would not display INR 1,50,000. The best I can presently do without a major rewrite is INR150,000.00
So I’m not sure if that would be useful or not.
Karl says:
I should have also pointed out,that the is an option for no currency character. Perhaps that’s a solution for you?
Jaume says:
Hello, is it possible to integrate this calculator in my own web page? I have a website made with wordpress and the FC’s Savings Calculator plugin for wordpress adapts perfectly but it would lack to be able to indicate a Savings on Hand and to be able to choose the Deposit / Investment Frequency and Compounding as in this plugin.
Thank you very much in advance
Karl says:
Hi, this calculator is not a plugin. If you are interested in licensing a version of this calculator for your website, that can be done. Please contact me via the contact link at the bottom of any page.
Ankur Agarwal says:
Hi, I need this calculator plugin. Kindly let me know how is this possible.
Karl says:
Please see the download link on this page.
Ankur says:
Hi Karl,
This is not the same calculator. I need the one which is on this page:
https://accuratecalculators.com/savings-calculator?replytocom=118450#respond
Karl says:
The calculator on this page is not available as a plugin.
Ghanshyam Sharma says:
Hi Karl,
When we try to integrate the savings plugin we are not getting all fields as shown on this page. Can you please guide us on where are we going wrong. Please see the link https://ibb.co/hKtV673 for the plugin after integration on our site.
Regards,
Ghanshyam
Karl says:
The plug-in and this calculator are not the same. The free plug-in has a reduced feature set, so you are not doing anything wrong.
Ghanshyam Sharma says:
Thank you Karl, Can you please let me know the price for the savings plugin and how can I purchase it?
Karl says:
Ghanshyam, this calculator is not available as a plugin.
Ben says:
Hello, can I use the WordPress Plugin in German or is it possible to translate manually ?
Karl says:
The calculator does not come with a German translation. It does include all the source code, so a developer that knows Germain would be able to easily translate it.
Dolphas Sithole says:
Greetings @support, may you kindly help me with the savings calculator on my website and the text on the side are not showing and I would like to know what is the ZAR (R) currency for South Africa. Kindly see https://prnt.sc/1xxt0lx
Karl says:
You sent me a link to an image of the calculator. I can’t tell anything from that. I need to see the page it’s on.
About the currency, yes, the website owner can change the default currency as can the site’s visitor. See the readme file, and if you have questions, ask a specific question. Otherwise, if I were to give you guidance here, I would just repeat what is already in the readme.
Dolphas Sithole says:
Hi Karl, thank you for responding me and sorry for the image, the web page is pigup.co.za. Thank you for your warm support in advance.
Karl says:
Hi, you’re welcome.
The problem is with an incompatible setting in your style.css file.
Do you (or your programmer) know how CSS works?
You have a .label class and in that class you have this setting:
height: 15px;
Can you make it higher, say 30px? Or better yet remove it.
A lot of these options will change the way the plugin looks. You may want to change several of these.
.label {
width: 15px;
height: 15px;
background: #4DB7FE;
border-radius: 100%;
-webkit-box-shadow: 0px 0px 0px 7px rgb(77 183 254 / 20%);
box-shadow: 0px 0px 0px 7px rgb(77 183 254 / 20%);
-webkit-animation: marker-animation2 2.5s infinite;
animation: marker-animation2 2.5s infinite;
position: relative;
}
In the next version of the plugin, I will try to change the plugin’s label so as not to be impacted by other .label values.
Karl says:
I’ll add one more thing. Normally, programmers do not set the "height" attribute. Usually, to get the desired height, developers set the top and bottom padding. If you or your programmer uses this approach for your site’s labels, I don’t think you’ll have any issues with the calculator’s labels.
Dolphas Sithole says:
Hi Karl thank you for responding me and my apologies for the delayed response. Unfortunately I am not a techy guy but I did try my best to add your settings as per your instructions, I was unsuccessful instead I ended breaking the site a bit https://prnt.sc/1yoswry. I guess I will wait for your next upcoming update which I believe will solve the issue at hand.
Thank you once again for offering us such powerful plugin.
azyan says:
Hi, i tried to implement this plugin in my website. It works well in desktop, however, the calculation results not showing in tablet and mobile. can you help to fix this?
Karl says:
Hello,
You can only have one copy of any plugin calculator on the page (at a time). You have it being called in two places on the page.
The problem is, when you load it twice, it means you have IDs being duplicated. An ID on any page has to be unique. If you want to have it displayed from two different locations in the markup, then you have to have code that inserts it and removes it as part of the responsive design. But it better to not do this an use media queries instead to make the page layout change based on the user’s device.
Hope this helps.
Karl says:
Azyan, I want to change my advice about not being able to have the plugin located within the markup in two places.
If you are using CSS and media queries to change which instance of the calculator is displayed on which device, then you should be able to have two instances of the plugin on a page. If you are using CSS “visibility:hidden” to control display, change the CSS to use “display:none”;
visibility:hidden hides the element, but it still takes up space in the layout.
display:none removes the element from the document
Does that help? Please let me know.
azyan says:
Hello, thank you for your prompt reply. I took your 1st advice and it works smoothly 🙂 I did use the display:none, and the calculator still not working because there’s 2 calculator in 1 page, as you said id is unique. When it duplicated, nothing will works. Thank you for your assistance and have a nice day!
azyan says:
another question, i want to set a default currency, what is the correct way to write it?
Singapore, Singapore Dollar: $12,345,678.99 = 51
I’ve tried,
sc_currency=”51″
sc_currency=”Singapore, Singapore Dollar: $12,345,678.99 = 51″
and it does not working..
Karl says:
If you are using the shortcode to install it, you enter the currency this way:
sc_currency=”51″
If you are using the page template, then this way:
op_currency=>”51″
You should enter them without an space characters as shown.
If that does not work, did you set a currency at the computer you are using by clicking on the “$:mm/dd/yyyyy”. Then if you did that, your personal setting will override the setting that the website selects. You would either need to clear your computer’s storage for the site, or try a different computer that had never been to that URL.
Azyan says:
Thank you for your explanation. Currently, it does work on desktop, but not on mobile. is there any customized setting in mobile?
azyan says:
Hello, when I clear the browser cache, the calculator is still showing indian rupee even though I’ve set the calculator with sc_currency=”51″. Do you have any idea hoe to fix this? or might be anything I can work from the backend?
Karl says:
Hi Azyan, can you give me link to the page? Also, show me how you’ve installed the calculator. Show me the snippet of PHP you are using.