Tool 05 — Goal Mathematics

From a number
to a monthly plan.

Tell us what you're saving for and when you need it. We'll work backwards to the contribution required to reach it on schedule.

Goal Type First Home

A down payment plus closing costs and reserves for an unexpected market.

Target Amount $800,000
$10K$5M$10M
Time to Goal 7yr
1yr20yr40yr
Already Saved $0
$0$1M$2M
Expected Return 6.0%
0%6%12%
Required Monthly Contribution
$0
$0
Target
$0
Total Contributions
$0
From Growth

Required monthly contribution is solved from the future-value-of-annuity formula. Assumes monthly compounding at the stated rate. For short-horizon goals (under 3 years), consider a lower-return, lower-volatility assumption — equity exposure is generally inappropriate for capital needed soon.

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