1. Set Your Goals
Before you can actually define your investing goals, you need to ask yourself what you want to achieve. Is your goal a down payment on a house, paying for college, retirement, or something else?
Write them down.
Writing down practical and attainable investing goals makes them more real (and helps keep them top-of-mind). For help getting started, use our Financial Goals Worksheet.
Sort by time.
Use our worksheet to divide your investing or savings goals into short-term, medium-term (one to five years), and long- term (more than five years).
Decide how much you’ll need.
Based on your goals, figure out how much money you’ll need. Use our calculators to help define your target amount.
Calculate what you'll need.
Get an idea of the amount it may take to get to your target investing goal using the calculators below. You can print a copy of your results, but to protect your privacy the information you enter will not be stored when you leave this page. Schwab clients can also log in to find a more robust retirement calculator.
See how saving consistently can add up.
- Enter Your Information
- Get Your Analysis
The consultation is complimentary, although the implementation of any recommendations made during the consultation may result in trade commissions or other fees, charges, or expenses. During the consultation, specific advice and recommendations are limited to assets held at Schwab by clients with an existing Schwab retail brokerage account. Examples may be provided of the advice and recommendations that might be offered if outside assets were transferred to Schwab; however, such information is for educational purposes only.
The calculators, tools and information on this site are for informational and educational use only, and should not be used as the sole basis for an investment decision and do not constitute investment advice. Where specific advice is appropriate or necessary, please consult with a qualified tax advisor, CPA, financial planner or investment manager before making any type of investment. We also encourage you to review your investment strategy periodically or as your financial circumstances change.
The calculations generated using these tools are an approximation of future financial performance and are not a guarantee of future results. The results presented are hypothetical and may not reflect the actual growth of your own investments. Actual results can vary with each use and over time, such results may be better or worse than the simulated scenarios. Individuals using these tools should be aware that the potential for loss or gain may be greater than the calculations simulated.
The information here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The type of securities and investment strategies mentioned may not be suitable for everyone. Each investor needs to review a security transaction for his or her own particular situation.