Saving for Retirement

‘THE TROUBLE WITH RETIREMENT IS THAT YOU NEVER GET A DAY OFF’ ABE LEMONS

The sooner you start saving for retirement the better. By putting money away regularly, right from the start of your working life, you have longer to build up a pot of funds which will last you in your old age, giving you financial freedom.

But even if you are later on in years, it still isn’t too late to start a retirement savings plan.

How to save for retirement

As with everything in life, when it comes to how to save for retirement there are many options to choose from. For example, you could:

  • Put money into ISAs
  • Invest in property
  • Start, or top-up, a pension
  • Consider premium bonds or trusts
  • Open savings accounts
  • Invest in stocks and shares

Whatever you do, choose options which bring you a return – money stashed under the mattress is never going to grow in value, it will only depreciate.

The most effective retirement savings plan involves taking an overview of where you are now and what you want to achieve with your savings, then coming up with a strategy which suits your circumstances.

At Hartsfield, we always tailor our advice to meet our clients’ needs and situation. Please get in touch if you would like objective, bespoke advice on how to save for retirement.

 

Pensions and tax planning for high earners brochure

PENSIONS AND TAX PLANNING GUIDE

To DOWNLOAD this FREE guide which sets out the basics of Pensions and Tax Planning for High Earners, please click the button below:

 

Investing for income when you retire brochure

INVESTING FOR RETIREMENT INCOME GUIDE

To DOWNLOAD this FREE guide which sets out the basics of Investing for Income when you Retire, please click the button below:

 

Taking control of your pension plan brochure

TAKING CONTROL OF YOUR PENSION PLAN GUIDE

To DOWNLOAD this FREE guide which sets out the basics of taking control of your Pension Plan, please click the button below: