Free calculator
Reinvest the interest, or take it out?
Same money, same rate. The only difference: you leave the interest in so it earns too, or you take it out every time.
Interest or return per year
After 20 years
Take it outRM67,120
Reinvest itRM73,355
That's RM6,235 more, just from leaving the interest in.
Your own money: RM48,000
Taken out
Reinvested
How often it's reinvested
MonthlyRM73,355
QuarterlyRM73,246
YearlyRM72,778
A small difference. Leaving it in matters far more than how often.
Just an example, not a promise. Interest is worked out monthly on your balance; "Reinvest it" adds it back every month. Real returns go up and down.