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The initial savings amount.

The monthly savings amount.

The average annual interest rate.

The average annual inflation rate.

The number of years to save over.

The amount to consider as the investment into the fund.

%

The expected annual rate of return of the investment.

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

The latest news

27 Aug 2025

Support more young people into work, says FSB

More needs to be done to support young people into work, says the Federation of Small Businesses (FSB).

26 Aug 2025

Over 850,000 self employed to be pulled into first phase of MTD

HMRC has confirmed that 864,000 self employed workers and landlords will be pulled into the quarterly reporting rules for Making Tax Digital (MTD) for Income Tax when it comes into force.

22 Aug 2025

Scams warning as self assessment taxpayers targeted

HMRC is calling on self assessment taxpayers to remain vigilant to scams that claim to be from the department.

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