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Random Jargon

Bare Trust Investing for Children

A simple trust that allows investments to be held for the benefit of a child until they reach 18. Someone else (trustees) takes responsibility until then.

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Financial Calculators & Tools

Candid Calculator

Want to know how long it might take you grow your savings to a certain size? Use this calculator to get an estimate.

Note: the calculator assumes you have already used your personal savings allowance when selecting a tax rate.

'How Long?' Savings Calculator
Target sum £
Initial lump sum £
Monthly saving £
Annual savings interest ? % gross
Are you a taxpayer?
Annual inflation rate ? %

Assumes a fixed annual return throughout, in practice this will likely vary. Current tax year income tax rates used, these may vary in future, as might savings tax legislation.

Calculations are estimates provided for illustrative purposes only. Candid Money Limited accepts no liability whatsoever for their subsequent use.

Go to Calculators Homepage.