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	Savings Calculator
	What will it take to help reach your savings goals? This financial calculator helps you find out. Enter in your savings plan and view graphically your financial results. Click the report button to get more information about your plan, and what you can do to make sure that it is on track.


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Definitions

Years to save
The number of years you have to save.

Savings goal
The amount you wish to have in savings at the end of this savings plan.

Amount currently saved
Total you currently have saved toward this savings goal.

Monthly savings
The amount you will contribute each month to your investments. This calculator
also assumes that you make your contribution at the beginning of each month.

Expected Rate of Return
This is the annually compounded rate of return you expect from your investments.
For the purposes of this calculator, taxation is not factored into the results. If you
pay taxes on the interest, dividends or capital gains from these investments you
may wish to enter your after tax rate of return.

The actual rate of return is largely dependant on the type of investments you
select. From January 1970 to December 2005, the average compounded rate of
return for the S&P 500, including reinvestment of dividends, was approximately
11.4% per year. During this period, the highest 12-month return was 61%, and
the lowest was -39%. Savings accounts at a bank pay as little as 1% or less. It is important to remember that future rates of return can't be predicted with certainty
and that investments that pay higher rates of return are subject to higher risk and volatility. The actual rate of return on investments can vary widely over time,
especially for long-term investments. This includes the potential loss of principal on
your investment.

Expected Inflation Rate
What you expect for the average long-term inflation rate. A common measure of inflation in the U.S. is the Consumer Price Index (CPI), which has a long-term
average of 3.1% annually, from 1925 through 2005.

Tools & Calculators

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

The information given in this calculator is based on the understanding of Aviva Ltd (Co. Reg. No. 196900499K) /Aviva Life Insurance Company Limited of current law which may change in the future. No liability can be accepted for any personal tax consequences of this policy and for the effect of future tax, commission or legislative changes. This is not an illustration of any specific fund in our product range, nor a reflection of any of the recommended portfolio.