Building up an additional income

Mr Grant, 45, is due to go on retirement in 15 years. To diversify and increase his actual assets and income, he calculates he shall need, in addition, 4 572 € / year or 381 € / month .

In both cases 1 and 2 . We have chosen the growth option (no yearly cash income).

First alternative : Mr Grant, at the very start, buys 20 heads, then 4 heads per year during 15 years or ; he buys 30 heads a the start, then 3 heads yearly during 15 years

Second alternative : At the very start he buys 60 heads to be kept up to the time he is 60.

If the calculation is made on following figures :

- cost per head 1 143 €
- average yearly yield (in number of heifers) 4,20 %,

At 60 Mr Grant will be the owner of about 95 heads, this means about 4 heifers a year (about 4 572 € ).