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Savings Goal Calculator

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

Ksh
Ksh
%
📖 How this works — 30-second tutorial
  1. Enter the amount you're saving toward and your deadline in years.
  2. Add anything already saved — it works for you the whole time and lowers the monthly figure.
  3. Pick where the money will sit: the same goal needs less each month in an MMF at ~9.0% than at the average bank deposit rate of 7.13% (CBK, Dec 2025).
  4. Compare the ±1 year cards — one extra year of patience is often the cheapest lever you have.
  5. Every rate shown carries its source and date. Rates move with each auction, so revisit the plan when they do.

⚠️

78%

of Kenyans have a financial goal in mind — but no written monthly plan to reach it. Goals without numbers stay wishes.

FinAccess Household Survey 2024

🌱

Ksh 82,354

is what Ksh 2,000/month reaches in 3 years at 9.0% MMF — not Ksh 72,000 flat. Compounding is the difference.

Computed by JiPange — MMF rate anchored to the CBK 91-day bill

Spotted a figure that looks wrong? Tell us what it should be. Tax bands and rates change on somebody else’s schedule — a reader with their own payslip catches a stale one faster than we do.