Do you remember the 'Miracle on the Hudson'?

Do you remember the 'Miracle on the Hudson'?

  • Savings

Its been 10 years since the "Miracle on The Hudson" when pilot Chesley “Sully” Sullenberger managed to land US Airways Flight 1549 safely on the Hudson River in New York. Zurich customers who started saving €150 per month from 2009 have grown their savings to €22,147*. Time flies so start your savings journey today.

Its ten years since bird strikes knocked out both engines of US Airways Flight 1549. The flight, piloted by captain Chesley “Sully” Sullenberger, safely landed on the Hudson River in New York with all passengers and crew making it off the plane. At the time, newspapers carried headlines calling the event the 'Miracle on the Hudson'. 

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 ten years ago could have built up their funds to €11,074* now. Customer who saved €150 could have €22,147* today, and for those who saved €300 a month they could have built up their funds to over €44,294*.

 

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
2008 €12,371 €24,743 €49,485
2009
€11,073
€22,147
€44,294
2010
€9,422
€18,844
€37,687
2011
€8,268
€16,537
€33,073
2012
€7,016
€14,032
€28,064
2013
€5,783
€11,566
€23,132
2014 €4,650 €9,300 €18,600

*Figures based on a monthly contribution of €75, €150 or €300 per month starting between January 1, 2008 and January 1, 2014 and paying until December 31, 2018. 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.

Warning: Past performance is not a reliable guide to future performance.

Warning: The value of your investment may go down as well as up.

Warning: If you invest in these products you may lose some or all of the money you invest.

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