Hobo Finance

Savings goal

Enter a target and a date to see how much to save each month.

Year by year

Hover or tap a bar to see that year.

Show the figures for every year

How this is worked out

  • What you have counts first. Your existing savings are grown for the full period.
  • The rest is split evenly. The shortfall becomes equal monthly deposits, allowing for the interest those deposits earn.
  • Allow for rising prices. For a goal several years away, raise the target or use a lower interest rate.