Why starting a pension as early as possible is important

The earlier you start saving for your retirement, the better.

12:26 28 January 2013

When is the right time to start saving for your future? Well, the answer to this question is always now. It’s never too early to start putting a certain amount of your income into your retirement fund every month.

Through this, you can somehow have that security that no matter what happens, you’ll have the money you’ll badly need when you’re already retired and out-of-work.

If you think that State Pension is enough, think again. More and more pensioners today are convinced that having just this pension means struggling on a daily basis to make both ends meet. That’s probably the last thing that you would like to do.

So, start saving for your retirement now. Instead of putting a certain percentage of your income to your savings account, seriously consider personal or company pension.

If you want to have direct control over your investment, go with self-invested personal plan. With this, you’ll know where your money is invested and you can choose where to put your hard-earned cash.

Whichever you choose, it’s important that you start now. Years from now, you’ll be happy that you did.