Liquid Millionaire - isaco

Stephen Sutherland
Notice that the couple in this example are not only able to save and invest
£1200 per month, but they also have the advantage of already having a
£250,000 tax-free savings lump sum.
Th erefore the two calculators we will use to work out the answer are
a Monthly Savings Plan Calculator and a Lump Sum Investments
Calculator.
Just so that it’s nice and clear, Th e Monthly Savings Plan Calculator will
work out what their £1200 will grow into at diff erent growth rates over
various time periods and the Lump Sum Investments Calculator will
work out what their £250,000 in tax-free savings will grow into–once
again using diff erent growth rates over various time periods.
Th is means that as well as getting their monthly investing amounts to
grow, they can also get their lump sum of £250,000 growing too.
And to make things crystal, you will also see the total amount of money
they could make by combining monthly saving and investing plus lump
sum investing.
Investing £14,400 per Year at 6% + £250,000 Lump Sum
at 6% (Growth over 10 Years)
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