"Recycle and Conserve" our Money

With the cries to get people involving in 'Go-Green' movement getting louder and louder nowadays, Great Eastern Life has launched one saving plan that enables people to RECYCLE MONEY, meanwhile, it also CONSERVE our money.

How do we recycle our money? Does this sound absurd at the first hearing? Not at all, this is the mechanism that explains the how.

Example illustrated by Miss V, age 24 yr-old, who has decided to recycle her money and conserve her money, in order to make this plan work, Miss V will put aside RM 200 each month as saving for her retirement fund; this saving plan has a time horizon of 30 years.

For 30 years, Miss V would each month put aside RM 200 thanks to her disciplinary determination, so after 30 years, Miss V will have saved RM 72,000 into her retirement fund, right?

This plan will recycle Miss V money by giving Miss V RM 3675.4 in every two year, which means that in that 30 years of time, Miss V will have received RM 3675.4 x 15 times = RM 55,131, the amount of money that been recycled to Miss V, so far so good right?At the end of the day, when Miss V retires30 years later, She will receive RM 60,400 as retirement fund, this is the money that has been conserved.

Look at the Gloss total of money Miss V has
saved aside, RM 72,000;
received ( Recycled Money), RM 55,131.00
( Conserved Money), RM 60,400.00

Total Received : RM 115,531.00
Projected Interest Rate : 5.34 % p.a, isn't this more attractive than the conventional saving plan,
'when we recycle, we get more'
In these days we find that we need to have more cash in hand, but we are also spending the cash in hand because we find that there're things that we must spend money for, hence, with this attractive and lucrative plan, we can have a way to recycle our money, as well as conserving it to realize our financial dream.

* the illustration is based on terms and condition that person participating in this saving plan needs to fulfil. Time Horizon ranging from 15,17,18,21,23,25,27 and 30 years.