Saving for retirement


Saving for retirement

It’s never too soon, nor too late, to start saving for your retirement.

Pension contributions can also be used as part of your tax planning strategy.

When should I start saving for retirement?

It’s never too soon to start saving for retirement, even if you’re young and have many years left until you’ll stop working.

We don’t know what the future holds – your circumstances could change and you may not be able to put money aside at that future point that you have in mind. Think about your future now and plan ahead.

The importance of goals

Goals are an important part of your retirement plan. I don’t mean a goal to save more. I mean a list of what is important to you when you retire – the things you want to do, where you are going to live, and so on.

How much should I save?

This is likely to be individual to you, and it’s why understanding your retirement goals is so important.

Once you know how you wish to spend your time, you can begin to understand how much money you’ll need to live on. We can then forecast how much you might need to save to provide the retirement income you need.

Investing your pension savings

We’ll spend time getting to know you, so that we can agree the right investments for you.

We manage 9 risk-graded portfolios, and as an independent advice firm, our portfolios invest with what we believe to be the very best fund managers in each sector of the market.

For clients who are interested in ethical/ESG investing (Environmental, Social Responsibility and Corporate Governance), we manage tailored portfolios which take those considerations into account. Should you have very strong ethical views to accommodate, then we would be pleased to work with you to construct a bespoke portfolio.

Pensions are a long term investment. You may get back less than you put in. Pensions are subject to tax and regulatory change; therefore, the tax treatment of pension benefits may change in the future.