Mitchells Chartered Accountants

Savings Calculator (Target in Years)

* Starting balance (£)
* Monthly deposit amount (£)
* Average annual interest (%)
* Estimated average inflation (%)
* Number of years to calculate

Final savings amount
Savings value after inflation

Use this form to calculate what your savings will be worth in a set number of years. The Bank of England target for inflation is 2%. Required fields are marked with a (*).

Savings Calculator (Target Amount)

* Starting balance (£)
* Monthly deposit amount (£)
* Average annual interest (%)
* Estimated average inflation (%)
* Target amount to save (£)

Target will be reached in
Savings value after inflation

Use this form to calculate how many years it will take you to save a target amount.
The Bank of England target for inflation is 2%. Required fields are marked with a (*).