Your retirement story starts today…
Are you saving enough? Starting early can make a difference
“The basic state pension is currently £90.70 a week - provided you’ve paid enough National Insurance.” *
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Monthly savings can be a simple way to build up a pot of money. You can start off from just £50 a month and increase this if you have more to save. By investing £50 a month in a fund that grows 6% a year, has an initial charge of 3.5%, and an annual charge of 1.5%, your 'pot' could be worth £19,525 in 20 years' time.
- Half a dozen free-range eggs cost 99p today - but in 2030 they could cost £1.95, so making the right investment decisions now could help you keep pace with inflation.†
Use our myPlan planning calculator to check if your finances are on track.
†Based on a 3% inflation rate
*Source: Fidelity Retirement Institute