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23 December 2024

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Weddings and the power of compounding

If instead of lavishing your guests with expensive wine at an outrageously over-priced location with a million flowers and expensive bands, you had headed down to the Registry Office and had a drink at the pub instead, this is how much your wedding day lump sum would be worth. Note – it’s best to be seated whilst doing this when you realise how much your wedding expenses would be worth now. There are two messages from this: the value of saving and the power of compounding.

 

The wedding calculator comes from Slate.com, and was sent to us by Jonathan Hoyle, Chief Executive Officer at Stanford Brown, whose own numbers are shown in the diagram.  


 

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