Record high despite £78k pension pot gender gap
Savers should think twice before using their pension to purchase property
From age 55, you have the flexibility to choose how you take money from your pension. But pension savers risk throwing away thousands of pounds of their hard earned savings if they use their pension to purchase a second property.
Putting money to work earlier allows more time for savings to grow
Self-employed business owners face unique challenges
Self-employed would back new laws to expand retirement savings
Simplifying and maximising retirement benefits
The employment landscape has evolved significantly over the last few decades, and changing jobs multiple times before retirement is now very much the norm. As a result, many people often have multiple pensions set up, as they have been automatically enrolled into a new pension scheme each time they have started a new job.
There’s a lot to look forward to
In your 50s, it’s important to make retirement planning a priority if you haven’t done so already. At this age, retirement is no longer a distant concept, and time is short if your plans aren’t on track.
Plan for the future you want
Early retirement is no longer defined as the moment when you stop working forever. For many people, it’s simply the moment when you no longer have to work for money. But this also means being in a financial position to choose to keep working if you enjoy what you’re doing.
Are you on track to enjoy the retirement you want?
Planning ahead helps ensure that you’re on track
You work hard to enjoy your current lifestyle, but are you doing enough to ensure that you will continue to enjoy it in retirement? Many of us live for today, but saving into a private pension plan can help you retire sooner rather than later.