Would you like to earn for life even after you stop working?
The power to change your earning power tomorrow is in your hands now. When
others retire and suffer trying to make ends meet, you will be smiling all the
way to the bank to collect big cash to enjoy retirement like royalty. All required of you is to delay
gratification just for your first 20 years of work. Am not asking you not to
enjoy life but am only saying that you can deny yourself just 25K of your salary but ensure you earn
6 figures income for life. Won’t it be worth it? Let us see how this works;
25000/= every
month for 20 years will be 6million but under the power of investments and
compounding interest, it will be 18.3million.
At maturity, the money if invested in our money market fund,
then it yields approximately 112,000/= monthly.
Through this 20 year period, you get a Life Cover worth 250K free of charge.
By now you don’t save your 25,000/= meaning your normal income increases by 25K. From your monthly yield, you can
now choose to keep 37,000/= and add
it to your income then the remaining interest you dedicate 75,000/= monthly in another of our investment as the first one for
the next 20 years and at maturity your money will be 55million. Remember your monthly income all through this period has
increased by 62,000/=. Through this
2nd 20 year period, you get a Life Cover worth 750K free of charge.
At this point you have been faithful enough and I believe it
is time you start enjoying the fruits of your labour. You will be approximately
around your retirement age or rather around 65yrs old. Your total cash will be 73.3million. Even if you chose to stop
working, you can invest it all in our money market fund your monthly yield will
be Ksh.450,000. This is exclusive of
your other sources of income. With that much you can be a blessing in this
generation and you can now go for all the tours, build an inheritance for your
Children, and their children’s children.
Someone earns 25K
less than you and they still manage through life, therefore it won’t harm you
as much as you think, you too can reduce your expense and survival means right
now to be able to get that cash monthly. I know you can do that, but please,
START NOW!
Email me your contacts to botachi@gmail.com
for further personalized investment plans and advice. Be financially smart. (Brian
Otachi is an accredited Personal Financial advisor working with Old Mutual Kenya
Ltd.)
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