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My Savings Calculator
Rob_K
Posts: 126 Forumite
Hi All,
Apologies if this has been done before, or there are better things out there, but I have made a handy spreadsheet that calculates what your interest earnings will be each month over the course of 100 years if you paid in a certain amount (which you can increase year on year.) It takes into account income tax and allows you to input a starting lump sum. It also tells you what your "payrise" is each month, in terms of compound interest. I've had quite a bit of fun feeding numbers into it to see how rich I'd be if I lived to 125
Anyway, thought I'd share it with you all- here's the link:
http://www.robkidd.co.uk/SavingsCalculator.xls
The values at the top are merely examples to get you started- you can change it to be anything you want.
Have fun!
Apologies if this has been done before, or there are better things out there, but I have made a handy spreadsheet that calculates what your interest earnings will be each month over the course of 100 years if you paid in a certain amount (which you can increase year on year.) It takes into account income tax and allows you to input a starting lump sum. It also tells you what your "payrise" is each month, in terms of compound interest. I've had quite a bit of fun feeding numbers into it to see how rich I'd be if I lived to 125
Anyway, thought I'd share it with you all- here's the link:
http://www.robkidd.co.uk/SavingsCalculator.xls
The values at the top are merely examples to get you started- you can change it to be anything you want.
Have fun!
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