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Save $10,000 in 10 years at 4%

Exact compound math for the given inputs.

$67.91
monthly deposit to reach the goal
Goal$10,000
You deposit$8,149.42
Interest covers$1,850.58
Deposits120 monthly

Frequently asked questions

How much do I need to save monthly?
To reach $10,000 in 10 years at 4% APY you need $67.91 per month (120 deposits).
How much comes from interest?
You deposit $8,149.42 in total; compound interest contributes the remaining $1,850.58 of the goal.
What if I earn 0% interest?
With no interest you would need $83.33 per month — interest does part of the work here.

Try nearby scenarios

Same rate, 1 yearsRate 6%

Change the numbers yourself

Open the interactive savings goal calculator — every field is editable.