Investing on a regular basis can help you reach retirement faster and easier.

If you invest $100 just once a month, you’ll have $15,499 after ten years, $40,746 after twenty years, and $81,870 after thirty years.

Look what happens if you invest the same monthly amount in instalments every two weeks, using a pre-authorized contribution plan.

You’ll have $16,757 after ten years, $44,008 after twenty years, and $88,321 after thirty years.

It’s a small change that can really add up.

Don’t simply set your PAC and forget it.

Look at the difference regular increases to your monthly contributions can make to your nest egg.

If you increase your deposits by 10% every three years, you’ll have $17,236 after ten years, $51,675 after twenty years, and $116,504 after thirty years.

And if you invested every two weeks instead of once a month, you’d have $18,636 after ten years, $55,821 after twenty years, and $125,731 after thirty years.

That would amount to $9,228 more when you retire.

When you invest regularly with a pre-authorized contribution plan, you can see a big difference in your savings – not your budget.

Talk to a Scotiabank Financial Advisor and get on the fast track to reaching your goals.