RETIREMENT PLANNING

Cost of Delay

COST OF DELAY

The message is clear – don’t delay, start saving today

It’s important to start saving into a pension as soon as you can. The earlier you start, either by investing a lump sum or by paying regular contributions, the more time your pension pot has to grow and the greater chance you have of achieving your ideal retirement income.

For example, if you are a 35 year old today wishing to retire at 65. By starting contributing now, you could receive a pension …

  • 34% higher than if  you waited 5 years and made the same monthly payments
  • 88% higher than if you waited 10 years and made the same monthly payments

There are many different providers , but your first task will be to select the right type of pension for you and we can help guide you through those options.

The value of your investment can go down as well as up and you may not get back the full amount invested.