The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.
Preparing for retirement
One of the biggest goals in life is a happy, comfortable retirement. At whatever age you plan to stop working, you will want to ensure you have enough money to go with your new-found freedom. Perhaps your aim is to have paid off your mortgage, go travelling or buy a cottage by the sea, but it's worth knowing that even the small financial decisions you make between now and then could affect your ability to retire when and how you want. A regularly reviewed financial plan, starting now, will keep you on track to achieve whatever aims you set yourself.
Your future starts now
With all the publicity in recent years, it's easy to think that finding enough to live on when you retire will be a struggle. While it's true that a badly planned retirement can lead to difficulties, the quality of your future life can be greatly improved by your actions now, and you can take complete control of the outcome. A properly structured financial plan, with the right pension or investment in place, can set you on the road to a fruitful and happy retirement.