• Tel: 01444 410 276
  • Foundation Financial Planning, 2nd Floor, 38-42a South Road , Haywards Heath, West Sussex, RH16 4LA, front entrance next to HSBC Bank
  • RH16 4LA

Retirement Planning growing plant

There is an old Chinese proverb that states “The best time to plant a tree is twenty years ago; the second best time is now.” This proverb could have been written about pension saving.

There is no doubt that the sooner you start contributing towards your retirement the better your retirement will be. More than any other form of savings, pensions benefit from significant tax breaks which will help your savings to grow quicker.


Also See:

Personal Pensions Annuities Income Drawdown Cost of Delay

Phased Retirement New Rules About Pensions Compound interest

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Foundation Financial Planning gives advice and recommendations on annuities.  The Association of British Insurers (ABI) confirmed recently that the difference between the best and the worst conventional annuity is 31%, or £1,446.000 pa on a £100,000.00 pension pot.  So it makes sense to assess your options in this area carefully.