Savings calculator
What could my savings grow to?
Choose what you save each month, how much it grows and how much you increase it each year.
Amount you start withR 0
Saved each monthR 1 000
Increase in your saving each year5%
For example, raising your monthly saving by 5% each year when your salary goes up.
Growth on your savings (per year)8%
An assumption, not a promise. Returns vary, and they can be negative in a bad year.
What it could grow to
What you put in Growth
| 12 years | 20 years | 30 years | |
|---|---|---|---|
| You put in | R 191 006 | R 396 791 | R 797 266 |
| Growth | R 108 367 | R 435 309 | R 1 582 047 |
| Value | R 299 372 | R 832 100 | R 2 379 313 |
Savings are added at the end of each month and grow at the yearly rate you choose. This is an illustration, not a forecast, and it ignores fees and tax.
Financial education, not financial advice. Money-Sense does not recommend any product and nothing here is personalised advice. Results depend on the figures you enter and on assumptions that can change. Speak to an authorised financial services provider before you make a financial decision.