Savings Goal Calculator
Figure out how much to save monthly to reach your financial goal.
2026 Tax YearData stays on your deviceUpdated Apr 1, 2026
$
$
Save This Much Per Month
$662.08
Total You Contribute
$44,724.61
Interest Earned
$5,275.39
Weekly Amount
$152.79
Daily Amount
$21.77
Frequently Asked Questions
Where should I save for my goal?
Short-term goals (1-3 years): high-interest savings account or GIC. Medium-term (3-5 years): GIC ladder or balanced fund. Long-term (5+ years): TFSA or RRSP with a diversified portfolio.
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Built and reviewed by Konstantin Iakovlev · Data from CRA, CMHC, Bank of Canada · MethodologyDisclaimer: This calculator provides estimates based on publicly available data from CRA and other government sources. It does not constitute financial advice. Consult a qualified advisor for decisions about your specific situation.
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