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The Cost of Waiting to Save for Retirement

More than 65% of professionals have not yet begun saving for retirement. Putting off saving for your retirement will only cost you dearly when you are ready to retire.

More years, more money

Life expectancy increases and you are expected to live until 92. Living longer means you will need more money in retirement. We all know that the pensions that previous generations had from governments are no longer an option. You will be lucky to get 30% of your pre-retirement income. Will that be enough?

To add to the life expectancy, the cost of living is increasing. In the UK, the inflation rate is 5.1%. In the US, it is now 7%, the highest in nearly 40 years. This means your £1 is now worth £0.93. Even at a low 3% inflation over the next 25 years, a carton of milk purchased today at £3.49 will cost you £7.31 in 2038.

Investing now can reduce your taxes: Depending on the country where you are a tax resident you may be able to deduct your contributions from your income tax. This means you will pay less in tax from each paycheck. And once you retire, you would fall under a different tax bracket and potentially pay less tax on your funds. This is not a tax advice, each country has their own regulations. If you opt for a fixed income plan, such as the 12-month Fixed Income, as this is categorised as a loan, in some countries interest you receive could be tax exempt.

Your money can earn money for you

When you invest into fixed interest rate products such as the 12-month Fixed Income Plan, your savings will earn a fixed income of 12% to 14%. You can either take your interest as income or have it reinvested into the plan and allow it to compound over the years.

The sooner you start, the more you will have.

Still not convinced? Here is an example:

Marie started saving 100 USD a month at the age of 25. After 40 years, she has 191,700 USD. Peter started saving 300 USD a month at the age of 45. After 20 years he saved 136,700 USD.

In the end, the real cost is your quality of life in retirement. You have the choice and the power today to make sure you have a comfortable financial-stress free retirement or face struggles.

Retirement Planning Solutions

Amongst various solutions there are:

  • The 12-month Fixed Income Plan is provided by GG Capital one of the leading suppliers of firewood in Scandinavia with clients such as Shell, BYGMAXX and Co-op. They use the raised funds to increase their capacity to meet their clients demand. The plan pays 12% interest per year directly to your bank account every 3 months. At the end of 12 months you can redeem your capital or leave it in for another term. There are no charges or admin fees with this plan. This plan has been providing professionals with a perfect fixed income plan for over 7 years.

  • The S&P 500 Index Regular Contribution Plan allows you to decide the amount you want to contribute on an annual, semi-annual, quarterly or monthly basis. The plan allows you to invest directly into the S&P 500 Index, without having a substantial cash reserve at hand. The S&P 500 Index is the most diversified and safest investment and recommended by investors such as Warren Buffet. It provides a minimum total return of 40% at the end of the 15-year term or the S&P return, whichever is the greatest. Click here to read more about the S&P Index plan and other reasons as to why it is a fantastic investment for the average investor.

To receive the 12-month Fixed Income Plan or S&P 500 Index Plan information click here or send us an email at


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