Download this comprehensive report on retirement planning, including:
Calculating Minimum Budget
Calculating Ideal Budget
Allowing for margin of error and inflation
Plotting the course of retirement
How much income can your pension provider without the pot’s value being depleted?
There are all sorts of pension calculators available, provided via Government-run online resources, pension providers and investment-focused websites, that help gives a good approximation of the size of pension pot required to provide the desired retirement income.
They also helpfully tell us how much we have to start squirrelling away in a pension plan every month to achieve the size of final pot that will be required to achieve that income level. That’s often the slightly, to very, shocking part, especially for those who have nonchalantly strolled deep into their thirties or beyond before giving it much thought.
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Terms, Risk Warning & Disclaimer:
Although the author and publisher have made every effort to ensure that the information in this publication was correct at press time, the author and publisher do not assume and hereby disclaim any liability to any party for any loss, damage, or disruption caused by errors or omissions, whether such errors or omissions result from negligence, accident, or any other cause. Investments can go up in value as well as down, so you could get less than you invested. This information does not constitute personal advice and you should speak to your financial advisor before committing to any pension product. Information in this document is for reference use only and its accuracy cannot be guaranteed and is subject to change.
UK Investor Magazine does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this guide, or losses or damage you may incur doing so.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions. Not all companies or products mentioned in this guide are necessarily regulated by the Financial Ombudsman Service and, as such, you may not have access to statutory or regulatory protections such as the Financial Ombudsman Service and the Financial Services Compensation Scheme.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.