Savings Calculator

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

Starting balance (£)
Monthly deposit (£)
* Average annual interest rate (%)
* Average annual inflation rate (%)
Number of years
Your savings will be worth (£)
In todays money, because of inflation, the final amount is worth (£)

* 4% is a (fairly) high rate of return while 2% is the Bank of England target for inflation. Do please change these rates as you wish.