Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Steve_GP220
    • By Steve_GP220 6th Dec 17, 3:30 PM
    • 32Posts
    • 0Thanks
    Steve_GP220
    ISA Calculators... whats the point?
    • #1
    • 6th Dec 17, 3:30 PM
    ISA Calculators... whats the point? 6th Dec 17 at 3:30 PM
    Hi Guys. What is the point of those ISA calculators you get in the various sites like Standard Life? They are so full of disclaimers and reasons that you won't get back what the calculator says you will - surely anyone basing their decision to ISA or not to ISA on this would be mad?
Page 1
    • dunstonh
    • By dunstonh 6th Dec 17, 5:04 PM
    • 92,567 Posts
    • 59,863 Thanks
    dunstonh
    • #2
    • 6th Dec 17, 5:04 PM
    • #2
    • 6th Dec 17, 5:04 PM
    What is the point of those ISA calculators you get in the various sites like Standard Life?
    There is little point. That is why most don't use them. Although, some people who have a target amount required on a target date, may find them useful to see if they are likely to be in the ballpark for their target.

    They are so full of disclaimers and reasons that you won't get back what the calculator says you will
    They have to cover risk warnings. You only have to read this forum to see how many people make bad investment decisions and do not understand the risks.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

611Posts Today

6,501Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line? https://t.co/kwjvtd75YU

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin