Timeflies when redheads are having fun

Timeflies when redheads are having fun

31/07/2018 | Zurich Life

Savings

For seven years the Irish Redhead Convention has taken place in Cork celebrating our flamed haired citizens. Customers who started saving with Zurich seven years ago could have grown their savings in that time.

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The first Irish Redhead Convention was launched in 2010 to celebrate redheads and raise awareness for the Irish Cancer Society. Over the past seven years, redheads from Ireland and further afield have descended on Crosshaven in Cork for the festival.

 

Time flies and it doesn’t seem like that long ago that the first redhead festival took place. With time going by so quickly, doesn’t it make sense to start saving today for tomorrow? If you start on your savings journey today, you could build up a nice amount of money over a short period of time.

 

Customers who started saving €75 per month seven years ago could have built up their funds to €9,033* now. Customer who saved €150 could have €18,065 today, and for those who saved €300 a month they could have built up their funds to over €36,000.

 

You don't have to be an expert get your savings working harder for you. You just need to talk to a trusted financial broker. Call our financial planning team on 1850 804164 or find a financial advisor in your area to get started.

 

 

The value of savings growth with Zurich's Balanced Fund

Year savings plan started Amount saved each month
€75 €150 €300
2000 €23,679 €47,356 €94,714
2001 €22,643 €45,283 €90,567
2002 €21,004 €42,008 €84,017
2003 €19,233 €38,463 €76,928
2004 €17,522 €35,040 €70,085
2005 €15,813 €31,623 €63,248
2006 €14,292 €28,585 €57,172
2007 €13,012 €26,023 €52,051
2008 €11,861 €23,718 €47,439
2009 €10,538 €21,076 €42,156
2010 €9,033 €18,065 €36,129
2011 €7,661 €15,322 €30,648
2012 €6,332 €12,662 €25,324
2013 €5,067 €10,133 €20,266

*Figures based on a monthly contribution of €75, €150 or €300 per month starting between January 1, 2000 and January 1, 2013 and paying until December 31, 2017. Figures are based on an investment in the Zurich Life Balanced Fund, and assume an allocation rate of 100.0% and an annual management charge of 1.0%. There is a 1% government levy that applies to these contributions and is included in the contributions shown. Exit tax of 41% applies.



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