The Retirement Plan – An Update

Hi all,

For new readers we will recap the premise of this on-going series which began in September with the catchy headline of

Retire in 10 years with £905,539.40 in the Bank starting with just £100

The original article relating to the Retirement Plan can be found here.

In essence the piece talks about achieving a nominal profit each day and then reinvesting that to compound the growth.

We decided to use the selections from the Soccer Bank Builder service details of which can be found here.

Results to date

Month 1

We started on the 1^st of August and used a daily target of 1% growth of the original bank which was 100 pounds.

August had a mixture of long winning runs and a number of setbacks and overall, the 31 selections produced 26 winners (83.87% Strike Rate) and the revised bank at the end of the first month sat at £122.39.

Although this is below where the target was, it still represents a growth of +22.39% on the original £100 bank.

Month 2

September met with an early setback when the Danish game between Hobro and B93 ended with a win for the away side when we were on the double chance (home/draw).

After quite a topsy-turvy month September ended with a revised bank of £128.27, so overall no harm done, but not quite where we had hoped to be on the Retirement Plan schedule.

Month 3

The first trio of bets all went well but, on the 4th, Marseille were held to a 1-1 draw by Angers which knocked the bank back somewhat. The recovery calculation tripped in and Saturday’s selection, Arsenal, were comfortable winners at home to Southampton. The weekend was wrapped up with another winner, so the bank had moved back to 144.12.

October included breaks in the main Leagues for International matches but overall ended with the revised bank sitting at 217.23.

Month 4

The latest completed month, November, proved to be the lowest performing so far with 17 winners and 7 losing selections (70.83% Strike Rate).

Having started with a bank of 217.23 the final day ended on 228.70, so a growth of +5.28% but somewhat short of the objective tally of 336.67.

Although after 4 months we are still shy of the Retirement Plan target the original 100pt bank has continued to grow despite the setbacks we have met along the way so far.

Encouraging results so far

Month 1 grew the bank by +22.39%

Month 2 grew the bank by +4.80%

Month 3 grew the bank by +69.35%

Month 4 grew the bank by +5.28%

128 points profit in four months feels like a good result.

Until next time

Steve Carter