Savings goals

How long does it take to save $100,000?

Starting from $0, saving $2,000 a month reaches $100,000 in 4 years and 2 months, with no interest.

The example at a glance

$1,000 each month: 8 years and 4 months
$2,000 each month: 4 years and 2 months
$3,000 each month: 2 years and 10 months
$4,000 each month: 2 years and 1 month

Make the example fit your life

Already having $25,000 reduces the remaining target to $75,000. At $2,000 a month with no interest, that would take 3 years and 2 months. Compare up to four plans below to choose a contribution that fits your budget.

Your next money question

Put your result to work

Understand your income →

Compare hourly pay, salary and take-home estimates.

Plan a home budget →

Bring income, debts and housing costs together.

Reach a savings goal →

Compare contributions and see when you could reach your target.

Does adding interest guarantee an earlier finish?

The calculator assumes a fixed rate and monthly compounding. Actual savings rates, taxes and fees can change the outcome. Keep the 0% scenario as a contribution-only comparison and use a rate appropriate to your account for another scenario.

Explore another example

How long does it take to save $5,000? →How long does it take to save $10,000? →How long does it take to save $20,000? →How long does it take to save $50,000? →

These examples show the stated assumptions. Calculators and reports are educational estimates; rates and local costs can differ. Calculation assumptions.