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Savings Calculator

How will your savings grow ?

This calculator will calculate how your savings will grow over a period of time.

Starting balance (£)

Monthly deposit (£)

* Average rate of return on
investment (%)

* Average annual inflation rate (%)

Number of years

Your savings will be worth (£)

In today's money, because of inflation, the final amount is worth

The capital of

Invest at rate of return of (%)

This will provide monthly income before tax of

Or, an annual income before tax of

Change the rate of return as required Note: Inflation is currently low, choose whatever rate you wish, but we think 3% is fair as an average

* 3% is a (fairly) high rate of return. Inflation, as measured by the Retail Price Index is currently less than 3%. You may change the rate of inflation and the rate of return to tailor these to your view of the rates over the number of years you select. We suggest rates between 3% and 5%. Similarly the £1m is our default wealth target, do change to whatever final target you select.

Further information on savings.