According to www.costofwedding.com, wedding prices vary depending on
location. The couple should expect to pay $25,000 if tying the knot in
Happy Valley, Oregon. However most metropolitan cities will require the
couple to spend, on average, closer to $40,000, and that is without all
of the amenities. It doesn’t take long before a newly engaged couple,
and their parents, go into shock regarding the amount of money they are
expected to spend for one day. One starts to wonder what else they
could get for their money.
Simple Math
We’ll take the average wedding cost of $27,852 (according to Conde Nast Bridal Magazine). Let’s take that money and see what you can do with it if invested with little risk. A standard savings account offers 5.4% interest so we will calculate the earnings at the increments listed below.
If you invested at 11.5% for 35 years, your yield would be over $1,257,410. That is your Million Dollar Wedding. Now you can invite friends over to celebrate in style!
Your Budget and You
Do you have a budget? Plug it in to our ROI calculater below and see the return you will get over time if invested at 5.4% and 11.5%.
Simple Math
We’ll take the average wedding cost of $27,852 (according to Conde Nast Bridal Magazine). Let’s take that money and see what you can do with it if invested with little risk. A standard savings account offers 5.4% interest so we will calculate the earnings at the increments listed below.
|
Years Invested | At 5.4% | At 11.5% |
| 5 | $36,229 | $47,999 |
| 10 | $47,126 | $82,719 |
| 15 | $61,301 | $142,554 |
| 20 | $79,739 | $245,671 |
| 25 | $103,722 | $423,378 |
| 30 | $134,919 | $729,630 |
If you invested at 11.5% for 35 years, your yield would be over $1,257,410. That is your Million Dollar Wedding. Now you can invite friends over to celebrate in style!
Your Budget and You
Do you have a budget? Plug it in to our ROI calculater below and see the return you will get over time if invested at 5.4% and 11.5%.
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