In the earlier stages of life, saving is often a struggle – and securing a roof over your head and building an emergency cash reserve to protect you against life’s ups and downs can take precedence over other savings. Then there is the constant tension between living now and saving for the future. A future which may include funding childrens’ education, a dream holiday, or setting up on your own.
Eventually, though, the inevitable will happen and you will find yourself contemplating your retirement.
When retirement is a long way away, and there are so many demands on your money, working out what you may need can seem unimportant. When it’s just around the corner it can seem rather more daunting. As with so many things, the earlier you plan for it the better – “people do not plan to fail they fail to plan”.
As well as helping you to define what you need to save now, we can also provide you with advice on regular contributions to tax advantaged investments – such as Individual Savings Accounts or personal and employer contributions into stakeholder/personal pension plans and self invested personal pensions.