Guide: 12 steps to a worry-free retirement
Your pension fund is likely to form a large part of the money you’ll live on in retirement. The amount in your fund when you retire will go a long way in determining the sort of retirement you have.
Although you’ll get a State Pension, this may cover little more than your monthly food shopping and some of your utility bills. And, if you’re currently 40 years old, you won’t get your State Pension until you are 68, there is often talk of this being put back even further. It’s therefore crucial that you take the necessary steps now to give yourself the best possible chance of a rewarding and fulfilling life once you retire.
Even if you’re in your thirties and still consider yourself to be at least 30 years away from retirement, a few simple actions you can take now will make a massive difference to the size of your pension fund when you come to retire, and the quality of life when you do.