How much will my savings be worth?

How much will my savings be worth?





Are you interested to know how much your savings are going to be worth in 5 years? 10 years? Even 25 years? The Savings Future Value Calculator will tell you exactly how much of a return you will have made on your savings after a given time period. First enter the amount that you have deposited, then enter the interest rate that you have been earning on your interest. Finally enter the number of years over which you have kept your money locked away. The result will tell you how much your money is worth today.



Of course, unless you have put your money into a tax-free saving solution, you will have to pay tax on the interest that you have earned, and so this will need to be taken into consideration. Ideally, you will have found a competitive Individual Savings Account (ISA) to hold your savings, as this will mean you keep 100% of any interest that you earn. Whether you are paying tax on your interest or not, you will usually find the best interest rates if you are prepared to lock your money away and not withdraw any over a set time period. The Savings Future Value Calculator will show you whether you can reach your financial goals.

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