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Longer-term planning for retirement (30s and 40s)
If you still have decades to go before your retirement, you are in the fortunate position to take maximum advantage of the power of compound interest to build up a healthy pension. But, as the saying goes, you have to be in it to win it; the most important thing is to make a start, no matter how small. You also need to be aware of the longer-term implications of some of the pension choices you have, particularly when you take a new job.
Even if you are a long way off retirement, it is worth scanning through the previous chapters to get an idea of the things that you will need to face. There is no evidence to suggest that things will improve in future. In fact the continuing decline in birth ...
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