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The initial savings amount.
The monthly savings amount.
The average annual interest rate.
The average annual inflation rate.
The number of years to save over.
The amount to consider as the investment into the fund.
The expected annual rate of return of the investment.
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.
22 Sep 2023
UK interest rates have been left unchanged at 5.25% by the Bank of England's Monetary Policy Committee (MPC).