Do you have enough in your pension scheme to comfortably retire? Will you have by the time retirement looms? How much do you need to retire? Does around £25,000 a year sound about right — this means you will need a retirement pot of around £500,000!
Various Friends and Family members have pensions through work, they pay in around £300 per month and this gives you a pension of around £108,000 of your own money if you work there 30 years. Now say the company you work for matches that money, that’s £216,000, after 30 years of work and an annual pension of just £10,800!
Ok, say I can show you how to have a decent sized pension and you needn’t put anymore than around £300 in… interested? The Answer is Property Investment, more specifically Buy to Let. Continue reading Property Portfolio – Who Needs a Pension Scheme?