Present Value Goal Calculator
Use this calculator to determine the how much needs to be invested now to achieve a future goal. The total amount required immediately is reduced by the present value of a stream of additional deposits.
How the present value goal calculator works
It discounts your future goal back to today to find the single lump sum that would grow into it, and separately solves for the monthly contribution that reaches the same goal — so you can choose between investing once now or saving steadily.
Worked example: with future goal of $100,000, annual return of 6.00% and years to reach it of 15, the present value goal calculator shows invest today to reach your goal of $41,727.
- Lump sum needed now
- $41,727
- Or save monthly
- $343.86
- Growth supplied
- $58,273
- Goal
- $100,000
The formula
Lump sum today = goal ÷ (1 + r)ⁿ. Equivalent monthly = goal ÷ (((1 + r)ⁿ − 1) ÷ r), with r the monthly rate and n the months.
Results are estimates for educational purposes and are not financial advice. Confirm exact figures with your lender, plan administrator or advisor.
Questions about the present value goal calculator
How much do I need to invest now to reach a goal?
The present value of the goal — the lump sum that, left to compound at your return, grows into the target by your deadline. The calculator computes it directly.
Lump sum now or monthly contributions?
A lump sum invested today compounds from day one, so it requires less total money than spreading contributions out. The calculator shows both paths to the same goal.
What return should I assume?
Use a realistic figure for where the money will be invested. A higher assumed return lowers the lump sum needed, but carries more risk.
Is the Present Value Goal Calculator free to use?
Yes. Every calculator on FinCalculators is completely free, with no sign-up, login or paywall. You can run as many scenarios as you like.