Low investment uptake
Timing is everything
In investment terms, it’s never too soon or too late to start. Thinking that retirement is a long way off is one of the most damaging myths around. A recent survey by Which? found that, couples wanting a high standard of retirement who start saving in their 20s would need to find £572 a month. That increases to £1072 a month for a couple starting to save in their 40s. So don’t think you’re prepared just because you have a pension. Take action now to make sure you’re saving enough, and if you’re at retirement age, consider the case for staying invested in retirement.
Take control of your future finances
We understand that investing in your future is a big responsibility, which is why we work closely with you to understand your values and your investment aims, so that together we can build a strategy that works. Our dedicated investment managers will create and continually manage an investment portfolio that adapts to your circumstances and helps you achieve the best possible future. You may be surprised how accessible wealth management is.
So you have property?
For many people, their home is their largest investment. Plans to release the equity tied up in their homes through downsizing often form part of a broader retirement plan. However, economic and social pressures creating house market volatility have seen prices declining and a reduction in buyers in recent months. Whilst the property market is cyclical in nature, if your retirement coincides with a period of volatility, or when sales are static or prices depressed, you could have a problem if you’re depending on your property to boost your retirement fund.