The earlier you start investing, the greater the accumulated return on your original investment. This is due to the effects of compounding.
Name | Ms Alia | Mdm Lee |
---|---|---|
Starting age | 30 | 40 |
Investment period (years) | 20 | 20 |
Compounding period up to age 60 (years) | 30 | 20 |
Yearly investment (RM) | 10,000 | 10,000 |
Total amount invested (RM) | 200,000 | 200,000 |
Total investment value* at age 60 (RM) | 1,067,003 | 494,229 |