Saving for retirement

Jonathan Watts-Lay, Director, WEALTH at work, comments in The Times about the importance of saving for retirement.  Watts-Lay comments  “There’s always been an adage that you should pay in half your age,” says Jonathan Watts-Lay, at Wealth at Work. “So, if you’re 30 you should be paying in 15 per cent. It’s a rough rule of thumb that works. Of course that isn’t always practical but 12 per cent minimum is what people should be paying if they want to retire on an income worth about two-thirds their salary.”

Coverage can be found in The Times.

 

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