Savings goalUtilityHubLite example

Money

Savings Goal Planner

Plan a savings target by changing the current balance, monthly deposit, and estimated annual return.

Your inputs

Adjust the assumptions and the results update instantly.

Results report

Current estimate

Time to goal26 months2.2 years
Target£20,000
Remaining£15,800

Savings path

Goal reached in about 26 months at the current saving rate.

Now6m12m18m24m26m
Current savings£4,200
Monthly saving£600
Estimated annual growth3.0%
Projected balance£20,579
Assumptions
  • Growth compounds monthly using the selected annual rate.
  • The planner caps projections at 50 years for a readable demo.
  • Real returns can rise or fall and are not guaranteed.