09/03/2018
These days, people want to have fun in retirement: travel more, spend more time with family and friends, learn some new skills, start a business and stay active.
It’s all about having the freedom to do all the things you always wanted to do, at the earliest age possible. But given longer lifespans and concerns about the financial status of the State Pension, what should be your target income to fund a potentially decades-long retirement?
How much you should be saving will depend on your income requirements in the future. However, if you want financial independence sooner rather than later, you should not delay putting your money into a savings or retirement plan. The earlier the contributions begin, the greater the investment value at retirement. This is not only due to the fact that more contributions can be made, but also due to the power of compounding.
Give us a call to find out more about our retirement and saving plans we have available to you!
Give us a call on (087) 2154236 or email us [email protected]
