How much do you need to reach your goal?

A common way to model pay rises: the monthly amount above rises by this percentage every 12 months.

Under 5 years, markets may not have time to recover from a fall. For money you'll need soon, easy-access cash savings are usually more appropriate than investing.

Example rates for illustration only. Not a forecast or recommendation of actual returns.

Platform and fund charges reduce your effective growth rate. A typical range is 0.25%–1% a year; check your own provider's figure.

Assumes 2.5% a year inflation, a commonly used long-term planning assumption, and shows what the projection would be worth in today's purchasing power.