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The initial savings amount.
The monthly savings amount.
The average annual interest rate.
The average annual inflation rate.
The number of years to save over.
The amount to consider as the investment into the fund.
The expected annual rate of return of the investment.
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.
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Think tank the New Economics Foundation (NEF) has called for the income tax personal allowance to be replaced with a new 'weekly personal allowance'.
18 Mar 2019
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