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Savings are the start of every geat investment plan. Here’s a New York Times page with a very simple “slider” calculator that helps to work out how much your savings could grow to. It’s based on putting aside a percentage of your income – you enter the rate of return and the number of years to invest.

The power of compound interest is vividly demonstrated. i like the emphasis on savings, as so much of mainstream media focus is on investment – which can’t happen without savings.

http://www.nytimes.com/interactive/2010/03/24/your-money/one-pct-more-calculator.html

i’d be interested in your feedback…

Michael

 

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