What will happen to you if your income suddenly stops? 

How long can your “saving” last?

If you save 10% of your income every month and invest the money in an investment that earns you 8% interest annually.

One year without income you will spend all the money that you have saved in the last 7.37 years.

Let’s look at the following example:

Monthly income: $3,000.00 (Annual income: $36,000.00)

Monthly saving: $300.00 (10%)

You invest $300.00 per month in an investment that earns an average of 8% interest annually.

It takes 7.37 years or 88.46 months to accumulate $36,000.00 in your investment account based on 8% interest annually.

Talk to us today about a guaranteed plan to provide income to pay for your expenses in case your income stops!