Savings Goal Calculator
How much per month to hit a savings target. Or how long it'll take at your current rate. Or what you'll end up with.
How to use
- 1
Pick what to find: monthly savings needed, time required, or projected end value.
- 2
Fill in the values you know, leave the others. The unknown one is what the calculator returns.
- 3
Add an annual interest rate if your savings earn interest. Use 0 if it's cash in a current account.
Frequently asked questions
If you're saving for 10+ years, interest can add up to more than your contributions. A 5% return turns AED 1,000/month over 20 years into AED 411k — of which only AED 240k came from you. Higher returns and longer time periods dramatically increase that ratio.
UAE savings accounts: 1-2% typically (some promos hit 5%). Fixed deposits: 3-5%. Diversified investment portfolio (60-80% stocks): historical ~7% real return after inflation. Cash under the mattress: 0%. Use a rate that matches where the money actually sits.
AED is pegged to USD, so the exchange-rate risk between the two is effectively zero. Save in whichever currency you'll spend. For long-term investments, the calculator math works in any currency — just be consistent.
The calculator assumes consistent monthly contributions. If you miss months, you'll fall behind the projection. Set up an automatic standing order on payday so you can't miss it.
A savings goal for a specific known expense — car insurance renewal, Eid gifts, school fees. The calculator is perfect for these. Pick a target, divide by months until needed, that's your monthly amount. Most banks let you label sub-savings accounts for this.
Help us improve this calculator
What's missing or wrong? What would make this more useful for you? Every suggestion lands in our inbox.
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Source: Standard FV/PMT formulas · Last verified 2026-06. This tool provides estimates only and is not legal, tax or financial advice. Always verify your specific situation with the relevant UAE authority or a licensed advisor before taking action.