This calculator shows you the benefit of saving money now vs later. It will demonstrate how compounding interest can increase your savings and allow you to reach your goals sooner.
Your financial planner can help by:
- Using the results from your budget planner to establish how much you can afford to save.
- Discussing your options for savings products, taking into account your time frame and risk tolerance. An example of products that can be discussed include:
- High Interest Savings Accounts
- Term Deposits
- Managed Investment Platforms
- Helping you set up a direct debit into the savings product that you choose.