Time flies and savings can build up quickly over a short amount of time. For example, if you saved €150 a month for 10 years, from 1 January 2008 to 31 December 2017, you could have €18,000, but if you saved that same amount in Zurich's Balanced Fund you could now have €23,719*.
Most people put their savings into a regular savings or deposit account that can give a predictable rate of interest. But when you invest your money in a fund it has the potential to grow faster. Some funds offer consistent growth while others have more potential for higher long-term gains. The higher the potential for growth, the riskier the fund, and your investment could go up or down.
You don't have to be an expert to use funds to grow your savings. You just need to talk to a trusted financial broker advisor.
Starting a savings plan today can help you prepare for your future and look forward to those big and small events in life. Call our financial planning team on 1850 804 070 or find a financial advisor in your area to get started.