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



If you take your capital and
invest at rate of return of (%)
This will provide monthly income before tax of
or, an annual income before tax of

You may change the rate of return as required Note: This does not take inflation into account



* 3% is a (fairly) high rate of return. Inflation, as measured by the Retail Price Index is currently less than 4%. 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%. Further information on savings.