Will you have enough money to retire?

In order to enable you to enjoy what could be your longest holiday, you should start saving as soon as possible.

Your goal should be to have a retirement fund as large as possible by the time you reach the age at which you plan to retire. This fund does not need to be exclusively made up of your pension fund, it can also be made up of other forms of savings, investment bonds, property, shares, Isas and Peps. This retirement fund then needs to produce an income so that you can enjoy a comfortable retirement.

If you start saving in your 20s you could have a fund of over £1 million by the time you are 65. However, if you leave it until you are in your 40s, to get the same amount in your retirement fund you would have to save a significantly larger proportion of your disposable income.

Choosing a pension from the complex range of products on offer can be daunting. We can advise on new policies or will review the performance of existing arrangements to ensure your financial needs in retirement are met.