You can find the Savings Calculator on your Clarity by Investec dashboard. The calculator helps you estimate the potential future value of your savings based on your savings goals and assumptions about future contributions and interest earned.
To use the calculator, you can either enter values manually or adjust them using the sliding scales. You'll be able to specify:
Your initial lump sum amount (in ZAR)
Your monthly contribution amount (in ZAR)
The savings period (in years)
The nominal interest rate (%)
As you update these inputs, the calculator will automatically estimate and display the potential future value of your savings.
Please note that the estimated future value is provided as a guide only. Actual returns may vary depending on the savings account selected and actual interest rate applied.