Procrastination can be costly.
Accumulations are before tax based on an annual compound rate of return of 7.5% invested at the beginning of each year.
The Power of CompoundingConsider this scenario for a moment, the individual on the left invested $2,000 a year for nine years, a total of only $18,000 at which time she became disabled and stopped investing. Her friend on the right took the disability as a wake up call and decided it was time to start her own $2,000 a year investment program but she’s starting nine years later. At the age of 65, when they’re both ready to retire, there is still a difference in their investments even after one of them invested $70,000 over 35 years.
T o TA l i n v e s T e d :
$ 1 8 , 0 0 0
P o s s i b l e vA lu e AT A g e 6 5 :
$ 3 3 0 , 4 8 6
I n v e s T e d $ 2 , 0 0 0 / y e a r f r o m a g e 3 1 T o 6 5 ( 3 5 y e a r s )
I n v e s T e d $ 2 , 0 0 0 / y e a r f r o m a g e 2 2 T o 3 0 ( 9 y e a r s )
insurance products and services distributed through i.g. insurance services inc. insurance license sponsored by The great-West life Assurance Company. Written and published by investors group as a general source of infor-mation only. Not intended as a solicitation to buy or sell specific investments, or to provide tax, legal or investment advice. Seek advice on your specific circumstances from an Investors Group Consultant. Commissions, fees and expenses may be associated with mutual fund investments. Read the prospectus before investing. Mutual funds are not guaranteed, values change frequently and past performance may not be repeated. The rate of return shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values or returns on investment. Trademarks, including investors group, are owned by igM Financial inc. and licensed to its subsidiary corporations.© investors group inc. 2013 MP1329 (01/2013)
SHANNON BOSCHY bFA, CFP Mutual Funds Representative, Financial security Advisor
Investors Group Financial Services Inc.Financial Services Firm
Tel: (613) 282-5370 [email protected]
T o TA l i n v e s T e d :
$ 7 0 , 0 0 0
P o s s i b l e vA lu e AT A g e 6 5 :
$ 3 3 1 , 6 4 1
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