The merits of investing in property is a regular discussion that we have with clients. For some this may mean buying a property to let out and others have the view that ‘my house is my pension’. Property is, after all, a tangible asset that most people feel they understand.
This month I have produced a grid to give an indication of the fund you would need in retirement to provide a given income.
This year the Chancellor surprised many through his sweeping changes to pensions. This has certainly grabbed the headlines and there are undoubtedly some great opportunities for those saving towards their retirement. It is good news for us too as a business, but whether Mr Osborne has gone too far with ‘pension liberation’ will perhaps take many years to establish.
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