Savings Calculator

How well are your savings retaining their value?

Compare price-inflation(RPIJ), cash-ISAs(int%) and stocks-and-shares-ISAs(FTSE)

    • Annual Amt   Start Year   End Year
    •     

Please Correct Amount

YearAmount Amount(RPIJ)RPIJ Amount(int%)int% Amount(FTSE)FTSE
19975,000  5,000.00   5,000.00   5,000.00  
19985,000  10,120.00 2.4  10,316.50 6.33  10,652.50 13.05
19995,000  15,261.68 1.4  15,802.40 4.71  18,150.51 23.45
20000  15,643.22 2.5  16,666.79 5.47  16,943.50 6.65-
20010  15,721.43 0.5  17,440.13 4.64  14,562.94 14.05-
20020  16,130.19 2.6  18,081.93 3.68  11,147.93 23.45-
20030  16,533.45 2.5  18,756.39 3.73  13,389.77 20.11
20040  17,062.52 3.2  19,611.68 4.56  15,008.60 12.09
20050  17,369.64 1.8  20,576.57 4.92  18,203.93 21.29
20060  18,064.43 4.0  21,539.56 4.68  21,116.56 16.00
20070  18,732.81 3.7  22,735.00 5.55  22,081.59 4.57
20080  18,826.48 0.5  23,892.21 5.09  15,306.95 30.68-
20090  19,203.00 2.0  24,420.23 2.21  19,802.61 29.37
20100  19,990.33 4.1  25,104.00 2.80  22,527.45 13.76
20110  20,809.93 4.1  25,794.36 2.75  21,579.04 4.21-
20120  21,330.18 2.5  26,516.60 2.80  24,071.42 11.55
20130  21,756.78 2.0  26,985.95 1.77  28,900.15 20.06
20140  21,974.35 1.0  27,385.34 1.48  29,024.42 0.43
20150  22,084.22 0.5  27,768.73 1.40  29,250.81 0.78
20160  22,481.74 1.8  28,110.29 1.23  33,901.69 15.90

Example
I saved 5000.00 in each of the three years 1997, 1998, 1999.
What is the value of those savings at the end of 2016?
Amount=5000, Start year=1997, End year=1999.
Answer: At end 2016 allowing for inflation 22,482
If invested in a savings account: maybe 28,110
If invested in Stock Market: maybe 33,901

Start Year: The calculator increases the amount from the end of Start Year onwards. If I had invested 5,000.00 in January 1997, I should use Start year=1996.

Single Amount: Make Start Year and End Year the same year.

FTSE: Percentage change column is FTSE All-share total return minus charges-adjustment.
Charges-adjustment covers tracking discrepancies, annual management charges and platform charges.
For years 1986-2014 this charges-adjustment is 0.75%, for 2015 it is 0.20%, for 2016 it is 0.85%
This most closely fits the performance of these UK-index-tracker-fund-ISA's:

Fund NameAnnual Charge
Legal & General UK Index Trust R Acc 0.56%
Vanguard FTSE UK All Share Index Unit Trust Acc 0.08%
BlackRock UK Equity Tracker Fund Class D Acc 0.06%
Fidelity MoneyBuilder UK Index Fund A Acc 0.30%
HSBC FTSE All Share Index Institutional Accumulation 0.17%
M&G Index Tracker A Acc0.46%

For Vanguard, BlackRock and Fidelity platform charges would also apply; assumed to be 0.25% for 2016.

ISAs: savings-account and FTSE end-of-year amounts are not reduced by tax.

Download spreadsheet equivalent of this calculator SavingsCalculatorToDec2016.xls
Spreadsheet is more flexible than web-page: you can put in different annual amounts.

Tax-free ISA's(Individual Savings Accounts) were introduced in 1999. ISA's were preceded by other tax-free savings - TESSA's (started 1991) and PEP's (started 1986).