How well are your savings retaining their value?
Compare inflation with cash-ISAs and stocks-and-shares-ISAs
Price-inflation: CPI, cash-ISA: int%, stocks-and-shares-ISA: FTSE
I saved 5000.00 in during 2006.
What is the value of those savings at the end of 2016?
Amount=5000, Start year=2006, End year=2006.
Answer: At end 2016 allowing for inflation 6,272
If invested in a savings account: maybe 6,525
If invested in Stock Market: maybe 8,027
Start Year: The calculator increases the amount from the end of Start Year onwards. If I had invested 5,000.00 in January 2006, I should use Start year=2005.
Single Amount: Make Start Year and End Year the same year.
FTSE based on FTSE All-share index-tracker funds
For a different example and more on the FTSE annual change use Savings Calculator Extra Example