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FT Guide to Pensions and Wealth in Retirement, 2nd Edition by Mr. John Greenwood

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2

Drawing up your retirement saving plan

What topics are covered in this chapter?

If you are one of the 12 million Britons not saving enough for their retirement, you need a coherent plan to get your pension back on track. The bad news is that this is likely to involve having less money today. The good news is that the sooner you start, the less it will cost you.

There are three key areas you need to quantify before you can work out your retirement saving plan:

  • how much you will need
  • how much your current savings will give
  • how big your ...

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