During our recent Auto Enrolment Seminar, Michelle Leacy of Zurich gave a short presentation on Investing.
One particular slide resonated with our audience that day as it clearly demonstrated the importance of starting to contribute to pension from an early age.
As you can see from the above slide over a 40 year period, the 25 year old generates an 80% greater return than the person starting at 35 years of age. Over that same period, that 25 year old generates a 258% greater return than that person who starts at 45.
While auto enrolment might be greeted with a degree of apprehension, it certainly is a good indicator that in the long run investing early will undoubtedly benefit those who do start saving earlier. If you are interested in finding out more about pension contributions, please contact us at 053 9233640.