invested in savings account
2018
$50,000
Annualised rate of return of 1.6%
2023
$54,062
Savings
For short-term goals, the general rule is to save into cash deposits, like bank accounts.
Annualised rate of return of 4.6%
$62,749
2023
Global multi-asset portfolio (for illustrative purposes only)
$50,000
2018
For longer-term goals, you may want to consider investing with multi-asset funds because inflation can seriously affect the value of cash savings over the long term.
Multi-asset