I often see people arguing that there’s no point in saving for retirement because there’s no guarantee you’ll live that long.
“I could be dead by then!”
“If I die, I can’t take it with me!”
“I may as well live life to the full while I’m young!”
Although I do believe it’s important to live every day like it’s our last, the idea we shouldn’t save for retirement because we could get hit by a bus and die just seems a little silly. In this post I’ll share 3 reasons I think it’s just plain daft. Continue Reading
If you’re in your twenties, you’re probably tired of older generations nagging you to save for retirement. After all, with houses, cars, weddings and holidays to save money for, there are far more imminent life events to consider. While our elders seem to be stressing out about our empty pension piggy banks, most millennials I’ve spoken to seem to be surprisingly calm about the whole thing. “Don’t worry” we say. “We’re all in the same boat!”
In the 2016 Budget, Chancellor George Osborne announced the introduction of a new ‘Lifetime ISA’. Designed to help people save for a home of their own and save for retirement, the new ISA will reward savers with an extra £1 for every £4 they save. In this post I’ll explain the Lifetime ISA in greater detail and look at how it could help you save for the future. Continue Reading