Net wealth simulator
Enter your savings, monthly contribution, expected return and state pension and see how your net worth could develop until age 100, in today's money.
Free tool · No account needed
Savings goal calculator
Enter what you are saving for, what is already there and what you set aside each month. You see when you reach your goal, where the 25, 50 and 75 % marks fall and how much of the end result is interest.
Your savings plan
Your goal
- Savings goal — The amount you want to have together.
- Already saved
Each month
- Monthly deposit
- Interest rate per year — What your savings account pays. Set it to 0 if the money earns nothing.
Indicative only. The calculator uses a fixed interest rate, credited monthly on the balance, with each deposit arriving at the end of the month. Your bank's rate changes and may be paid out differently; tax and inflation are left out. This is not financial advice.
What the calculator does with your numbers
Every month your balance earns one twelfth of the yearly interest rate, and then your deposit is added. The calculator repeats that until the balance reaches your goal, or for fifty years at most.
Because the interest is added to the balance, next month's interest is calculated over a slightly larger amount. That compounding is small at first and noticeable towards the end; the share of interest in the end balance shows how much it did for you.
The milestones mark the month in which the balance first passes a quarter, half and three quarters of the goal. In the chart the interest sits on top of your own money, so you can see which part of the balance you saved yourself.
Four ways to get there sooner
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Automate the deposit
A standing order on payday moves the money before you can spend it. The deposit then never depends on what is left at the end of the month.
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One account per goal
A separate savings account named after the goal makes the progress visible and the money harder to borrow for something else.
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Shop around for the rate
Savings rates differ by more than a percentage point between banks. Keep the goal on the account that pays the most, and check it again once a year.
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Raise it with every pay rise
Put part of every raise, bonus or tax refund into the deposit. Try it above: a small extra per month brings the date forward by more than you might expect.
Frequently asked
Which interest rate should I enter?
The yearly rate your savings account pays today, as a percentage. Rates change, so the result is a snapshot. If the money earns nothing, enter 0.
Is tax included?
No. The calculator shows the balance before tax. Depending on where you live, interest or savings above an allowance are taxed. For a goal of this size the effect is usually small, but it is not in these numbers.
What if I put in an extra amount once?
Add it to what you already have: the calculator treats everything on the account today as the starting balance. For a lump sum later on, run the calculation again from that moment.
Does the calculator allow for inflation?
No. The goal is a fixed amount in today's money and the balance is shown as it will appear on your account. Over a few years that makes little difference; for a goal more than ten years away, add a few percent per year to the goal amount.
Can I save for several goals at once?
Yes. Give each goal its own account and its own deposit, and run the calculator per goal. In VrijVermogen you follow all of them side by side with your real balances.
Follow every goal with your real balances
Put your accounts in VrijVermogen, give a goal a date and see every month whether you are on track, next to your pension, your house and your investments.