Do you remember when Westlife broke up?

Do you remember when Westlife broke up?

21/11/2018 | Zurich Life

Savings

Hearts all around the world broke when Westlife announced they were splitting up seven years ago. Zurich customers who started saving €75 per month from 2011 have grown their savings to €8,475. Time flies so start your savings journey today.

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After 14 years as one of Ireland's most successful boy bands, Westlife finally handed in their mics in 2011. 

 

In their time together, the band sold more than 44 million records worldwide, had 10 number one singles and sold out 10 tours.  Pretty impressive for three boys from Sligo and two from Dublin. Did someone mention a reunion? Time flies and things can change. That is particularly true when it comes to savings, and a small amount put aside each month, can build up over a short period of time. 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 €8,475* now. Customer who saved €150 could have €16,949* today, and for those who saved €300 a month they could have built up their funds to over €33,900*.

 

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 €12,762 €25,523 €51,048
2009
€11,402
€22,804
€45,609
2010
€9,855
€19,709
€39,419
2011
€8,475
€16,949
€33,900
2012
€7,106
€14,211
€28,423
2013
€5,805
€11,609
€23,218

*Figures based on a monthly contribution of €75, €150 or €300 per month starting between January 1, 2008 and January 1, 2013 and paying until August 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.



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