|
|
Alice, 26, junior project manager
“I don’t want to have to work all my life”
|
Alice knows what she wants in life, and what she wants to avoid: “My father slaved away at work all his life, and was unable to enjoy his retirement as much as he should. I don’t want to live like that: working all my life and losing my health. That is why I want to retire before I’m 50. To achieve it, I’m putting as much money away as possible.”
By paying 15% of her earnings every month into her ETERNITY FUNDS account, Alice is building a nest egg which gives her an annual return of 10%. The money is inaccessible, so there is no risk of misusing these “rainy day” savings: it’s practical, especially when, like her, we are often tempted to spend without thinking, on impulse. Thanks to the simulator, with which she was able to set and monitor her objectives, Alice will in the space of just a few years build up a considerable annuity, which will be paid to her when she thinks the time is right. For example, after 20 years of accumulation in capitalisation mode, putting aside just $350 a month, Alice will be entitled to an annuity for life of $2 021 a month.
|
|
|
|
|