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Instructions

This calculator can help determine how much you can save over time or how much you need to save per month to reach your goals.

Scenario 1:
‘I want to end up with a certain amount of money over a certain period of time, what monthly contributions do I need to make to achieve this?’

Step 1. In the Annual Return (%) field, enter your annual return percentage, either by using the up and down arrows or by typing the amount directly into the field.
Step 2. Select the radio button underneath the Monthly Contribution ($) field, this will place an orange box around the field showing you that it has been selected.
Step 3. Enter values into the Savings Goal ($) field and the Investment Term (yrs). The amount that you need to save monthly is then shown.

Scenario 2:
‘I want to find out what the future value of my contributions will be over a period of time.’

Step 1. In the Annual Return (%) field, enter your annual return percentage, either by using the up and down arrows or by typing the amount directly into the field.
Step 2. Select the radio button underneath the Future Value ($) / Savings Goal field, this will place an orange box around the field showing you that it has been selected.
Step 3. Enter values into the Monthly Contributions ($) field and the Investment Term (yrs). The Future Value amount is automatically displayed.

Scenario 3:
‘I want to find out how long it will take me to reach my savings goal’.

Step 1. In the Annual Return (%) field, enter your annual return percentage, either by using the up and down arrows or by typing the amount directly into the field.
Step 2. Select the radio button underneath the Investment Term (yrs) field, this will place an orange box around the field showing you that it has been selected.
Step 3. Enter values into the Monthly Contributions ($) field and the Savings Goal ($). The Investment Term will be automatically displayed.

Important notes
1. Any calculations produced by the calculator are either information or general advice only. They do not consider your objectives, financial situation and needs. You should consider the appropriate Product Disclosure Statement and seek personal financial advice from your financial adviser before deciding to purchase or hold any financial product.
2. The calculations produced are based on a set of assumptions and are general illustrations only.
3. Any projected result is not guaranteed in any way. The actual performance of any specific investment will depend on a variety of factors including future economic conditions, investment management and changes to taxation.
4. The licensed ING entities and their related companies disclaim any liability that may arise for any direct, indirect, incidental, consequential of special damages that may arise from your access to or use of the calculator.
5. A small variation in the assumptions used can lead to a substantial change in the outcomes.

Assumptions
1. Your contributions are assumed to be the same each month. The first monthly contribution is made immediately.
2. The rate of investment return used by the calculator is a nominal rate. The ‘Annual Return (%)’ field is equal to the effective monthly return multiplied by 12. Contributions and account balance is credited with the effective monthly return. You may alter the net earning rate to see the effect that this may have. Actual investment return will depend on the investment fund you choose and the investment performance of that fund. Past performance is no guarantee of future performance.
3. Where monthly contribution is the calculated field, it is rounded down to the nearest dollar.
4. Where investment term is the calculated field, it is rounded down to the nearest year.
5. The calculator makes no allowance for the effect of fees or taxation, including the tax on investment earnings.