Savings & Compound Interest Calculator
See how your initial investment and monthly contributions grow over time -- for fixed deposits, ASB, unit trusts, or any savings goal.
Your Savings Plan
Use a negative number if you plan to withdraw monthly instead.
Rough guide: Fixed Deposit ~2.5-3.5% · ASB ~4-5.5% · EPF dividend ~5-6% · unit trust/equity ~6-8% historical. Not guaranteed.
Malaysia's CPI has historically averaged roughly 2-3% a year long-run. Used to show what your future balance is worth in today's money.
This is a planning guide only -- actual returns depend on the specific product you choose and are never guaranteed.
Future Value
RM0
Total Contributions
RM0
Total Interest Earned
RM0
Real Value (Today's Money)
RM0
| Year | Balance | Total Contributed | Interest Earned So Far | Real Value (Today's Money) |
|---|
How This Is Calculated
- Monthly compounding: each month, your contribution is added and interest is calculated on the running balance -- interest compounds every month.
- Annual compounding: the balance you start the year with earns the full annual interest rate; that year's monthly contributions are then added and start compounding from the following year onward.
- Withdrawals: enter a negative Monthly Contribution to model regular withdrawals instead of deposits.
- Interest rate benchmarks: Fixed Deposit ~2.5-3.5%, ASB ~4-5.5% (historical), EPF dividend ~5-6%, unit trust/equity ~6-8% (historical average) -- all illustrative, not guaranteed or forecast.
- Real Value (Today's Money): your projected future balance, discounted back by the assumed inflation rate compounded annually over the full period, so it reflects what that amount would actually buy in today's purchasing power. This is why a big future number can still represent a smaller real gain than it looks -- inflation quietly erodes it every year alongside the growth.
- Not the EPF Calculator: for your mandatory EPF/KWSP contributions specifically, use the EPF Calculator instead -- this tool is for any other savings goal.
- Disclaimer: this calculator is a planning guide only, not investment advice, and does not guarantee any rate of return.
Frequently Asked Questions
How is compound interest calculated in this tool?
Your balance is simulated month by month: contributions are added, and interest is applied either every month or once a year depending on the compounding frequency you choose.
What interest rate should I use?
A rough guide: Fixed Deposit ~2.5-3.5%, ASB ~4-5.5% (historical), EPF dividend ~5-6%, unit trust/equity ~6-8% historical average. These are reference points, not forecasts.
What's the difference between monthly and annual compounding?
Monthly compounding credits interest every month, so it compounds faster. Annual compounding credits interest once a year on the balance you started that year with; that year's contributions start compounding the following year.
Is this the same as the EPF Calculator?
No -- the EPF Calculator models your mandatory EPF/KWSP contributions specifically. This tool is for any other savings goal with a rate and contribution you choose yourself.
What does Real Value (Today's Money) mean?
Your projected future balance discounted back by an assumed inflation rate, showing what it's actually worth in today's purchasing power rather than its raw future RM figure.