Compound interest is one of the most powerful tailwind a long term investor can have.
Compounding interest calculator shows the investment return based a set rate compounding at either annual, monthly, weekly and daily frequency.
You can change areas that are light green. End result is shown in the light blue area.
Example above shows the impact of compounding on investments like term deposits. You can also see the power of compounding on dividend reinvestment plans. But no matter how much income you have, you need to make sure you have best income protection insurance. Our motto is hope for the best, prepare for the worst.