Interimreport1 January–31 March2024 Elo Mutual Pension Insurance Company
Debt Seminar Presentation Pc
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4. The Vanier Institute of the Family; reports from 2010 Statistics Canada Certified General Accountants Association of Canada Canadian Association of Accredited Mortgage Professionals Tonight’s statistical references came from the following sources... The Globe & Mail
13. Turning Debt into Wealth Interest payable Before Equity Plus Interest payable After Equity Plus $186,372.53 $65,084.28 A savings of $121,288.25 in interest!
14. Turning Debt into Wealth Retirement fund At age 65 before Equity Plus and Debt Freedom Investing the monthly savings from Equity Plus at 10% until age 65 $692,950.59 $415,547.13 An increase in their retirement fund by $277,403.46 in less than 17 years. * A hypothetical example assuming a 10% return on Investment in a tax deferred product.
17. The High Cost of Waiting You can make time work for or against you. No matter where you are in life, the key to achieving your goals is to get started now. Consider this example of the monthly retirement savings required to hit a $1,000,000 retirement goal, assuming 10% tax-deferred. Years Until Retirement 5 - 10 - 15 - 20 - 25 - 30 - 35 - 40 - $156.82/mo. $261.21/mo. $438.73/mo. $747.45/mo. $1,306.00/mo. $2,392.78/mo. $4,841.40/mo. $12,806.99/mo. Put Time On Your Side. Get Started Now. All figures are for illustrative purposes only and do not reflect an actual investment in any product. They do not reflect the performance risks, or expenses associated with any actual investment. Past performance is not an indication of future performance.