Warning - This calculator assumes compound growth only. It does not take into account charges on products, which will reduce the returns shown. The Financial Services Authority suggests 3 growth rates for products, which are taxed, and for those, which are allowed to grow in a tax, favoured manner such as ISAs or Pensions. Taxed products are allowed to use projection rates of 4%, 6% and 8%. Tax favoured products are allowed to use rates of 5%, 7% and 9%. Remember these are neither maximum nor minimum rates of growth and again remember that charges reduce the returns. This calculator can help you by giving you a starting point. You should speak to an M&E adviser and get specific product quotations to determine the best way of meeting your needs.

Warning - The calculators are here only to give an indication of your current financial situation. They can provide no more than a general overview. You will need to seek advice from an Independent Financial Adviser for an accurate in depth picture specific to your circumstances. The Financial Services Authority do not regulate mortgage advice and lending.