Times are a changing – take some time out to make sure your finances still match your lifestyle and needs.
Budget – Review your income and outgoings, particularly if your circumstances have changed.
Debt planning – Prioritise clearing any debt you have, including credit card balances or loans.
Get saving – Peace of mind can be gained from having a minimum of three to six months’ income as a buffer. If you were lucky enough to save in lockdown, channel some into a savings account.
Have backup – Protection policies such as income protection and life insurance offer an essential safety net. If you have policies in place, do they still offer the most suitable cover?
Think long-term – Don’t let short-term events divert you from future plans. Investing into a pension, no matter what age you are, is vital.
Take advice – We can help you see the bigger picture, weigh up your options and make a balanced plan for your individual needs.
A pension is a long-term investment. The fund value may fluctuate and can go down. Your eventual income may depend on the size of the fund at retirement, future interest rates and tax legislation. The value of investments and income from them may go down. You may not get back the original amount invested.