Finance & Irish taxes
Savings goal Calculator
Find a monthly contribution for your target date. This free savings goal calculator shows the calculation and its assumptions so you can compare your own figures.
Calculated on your device
Your results
Monthly Contribution€594.72
Find a monthly contribution for your target date.
Projected Interest€726.76
Calculated outcomes
- Target
- €20,000.00
- Saved
- €5,000.00
- Months
- 24
- Total Contributions
- €14,273.24
Amount in euro. Negative values extend below the zero line.
| Item | Amount (EUR) |
|---|---|
| Contributions | €14,273.24 |
| Growth | €726.76 |
Assumptions and estimates
- Assumes contributions at each month end and a constant nominal rate. Tax, fees and inflation are excluded.
- Method: Existing savings compound monthly; month-end contributions form an ordinary annuity.
- Returns are assumed, not guaranteed. Tax, fees and inflation are excluded.
Useful next steps
- Use Compare options to test an alternative side by side.
- Copy, print or download a record of this calculation when you need one.
Reports open your email app addressed to s@s1.ie with the public page address only. Your inputs are never added.
How the savings goal calculation works
Existing savings compound monthly; month-end contributions form an ordinary annuity.
Returns are assumed, not guaranteed. Tax, fees and inflation are excluded.
Using this calculator
- Enter your own figures in the labelled inputs. Keep the currencies, units and time periods consistent.
- Choose any applicable rate profile, pattern or assumption shown for this tool. Open additional inputs when relevant.
- Review monthly contribution and projected interest, then read the stated assumptions and eligibility conditions before using the result.
Worked example
This is a static example using illustrative inputs, not facts about you or today’s date. The displayed eligibility selections and assumptions apply only to this example.
See example inputs
- Target amount (€)
- 20000
- Already saved (€)
- 5000
- Months until target
- 24
- Nominal annual return (%)
- 3
- Monthly Contribution
- €594.72
- Projected Interest
- €726.76
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