You have indicated that you wish to establish an investment plan to fund the
following Major Purchase(s):
|
Purchase Description |
Purchase Date |
Purchase Amount |
Index
Rate |
Estimated Actual Cost |
| Cottage |
Aug 1 2024 |
$40,000 |
3.0% |
$83,751 |
|
NEEDS vs ABILITIES
Current Situation |
|
 |
The graph above shows your desired goals and your ability to
meet these goals over time with your existing investment plan without any
additional investments. Years in which your goals cannot be fully funded
indicate that you require additional capital to cover these shortfalls. The
required capital can be accumulated using a regular investment plan.
|
CAPITAL ACCUMULATION &
REDEMPTION
Recommended Plan |
|
 |
The graph above illustrates the accumulation and subsequent depletion of your
capital incorporating your projected goal, return rates, investment strategies
and inflation.
Major Purchase Funding Assets
The following is a summary of the assets you have linked to your Major
Purchase goals. An asset will not have a Start of Year Value if it was
purchased on or after January 1st of the current year. The Current Value
of an asset reflects the current estimated market value (taking into
consideration reinvested returns since the start of the year and any additional
contributions to the assets based on the savings plans described below).
| Asset
Description |
Start
of Year Value |
Current Value |
Assumed Rate |
| Cottage Fund (Joint/Non-Reg.) |
$2,500 |
$3,651 |
8.0% |
Major Purchase Funding Investment Strategies
The following is a summary of the investment strategies designed to help you
meet your Major Purchase objectives. The table may include strategies you are
currently employing and additional strategies that are recommended in bold
italics.
| Asset
Description |
Planned Savings |
Are
Savings Indexed? |
Applicable Period |
| Cottage Fund (Joint/Non-Reg.) |
$95/month |
No |
Jan 1 1999 to Jul 1 2024 |
