1
Starting point
Set the amount, date and length of the comparison.
2
Regular contributions
Use a negative amount to model regular withdrawals.
Contribution changes
Change the amount or frequency from any date.
3
Rates and growth
Enter AER for cash and an illustrative annual growth rate for investments.
Use lower, intermediate and higher return scenarios to explore a range of possible outcomes rather than relying on a single forecast. Which scenario is appropriate to focus on will depend partly on the level of investment risk you are comfortable taking and, importantly, your capacity to absorb losses if markets perform poorly.
Higher potential returns generally involve accepting greater uncertainty and a greater risk of loss, so the return assumption should reflect the type of investment and your own circumstances rather than simply choosing the highest rate.
For context, the FCA projection rules cap nominal illustration rates at 2%, 5% and 8% for certain tax-exempt and pension products. These are maximum illustration rates, not expected returns or recommendations, and different products may use different assumptions.
Dated deposits and withdrawals
Add deposits as positive amounts and withdrawals as negative amounts.
No dated changes added.
Savings rate changes
Each new rate applies from its selected date.
No dated changes added.
Investment growth changes
Change the illustrative investment growth assumption from any date.
No dated changes added.
Projected value after 10 years
Net paid in£40,000
Cash savings£51,593
Illustrative investment£55,033
Calculated one day at a time using the effective daily rate for each calendar year. Dated changes take effect on the selected day. Investment returns are illustrative, are not guaranteed and can be negative. Tax, inflation and fees are not included.