How much money do I need to save for my pension? A quick guide to retirement saving...

The amount you can save into a pension ultimately depends on what you can afford - but the longer you leave it the more you will need to save.
Research regularly shows that we put ambitious targets on our hoped for income in retirement and then underestimate how much we will need to set aside to achieve that.
So how much should you save? 
We take a look at what you might want to retire on and how to get there. 
First... a quick guide to pensions 
There are two main types of pension schemes that you encounter through work, defined contribution and defined benefit - with the latter often... read more

3 October 2016 in Business, Views: 36
Source: Daily Mail

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