We do some maths to help you figure out how much you may need to invest each month to reach your goal on time. We use something called the 'annuity payment formula' to determine a rough contribution amount.
Remember, this calculation is an estimate and doesn't guarantee you'll reach your goal on time. You may need to update your contributions in future to make sure you stay on target.
If you have any questions, feel free to reach out to our Svens. But since we aren't able to offer financial advice, we suggest speaking with a registered financial advisor if you're unsure about opening an investment to begin with.