Are you saving for a wedding, a second house in the sun or perhaps to send your children to university? Whatever you’re saving for, tell us your target amount and how long it is until you need the money, and we’ll suggest how much you should think about putting aside each month.
This depends on where you choose to save, and is the annual rate you hope to get after allowing for any tax and product charges.
Generally 1-3% return = low risk; 4-6% = medium risk; 7-9% = high risk
These figures are only illustrative and are not guaranteed. Remember that any money you get back will depend on the actual performance of the product you choose, the charges of the product and any tax payable.
The value of investments can go down as well as up. There are no guarantees that your investments will increase. Remember that inflation will reduce the buying power of your investment.
