How to plan for your retirement with True Potential Investor
Please note this blog post was published over 12 months ago and so may not include the most up-to-date information, for example where regulation around investing has changed.
Are you giving enough thought to your retirement? No matter your age, this is something you should be planning for now. Claudia Thompson explains how our Personal Pension could help you to do more with your money.
Are you giving enough thought to your retirement? No matter your age, this is something you should be planning for now.
It starts with a goal. What age do you want to retire by, and how much money do you want to have per a year in retirement? Once you have determined these things, you can map out how you are going to get there.
For most people, that tends to mean investing in a Pension. The key here is time and the amount of money you can invest.
The more time you have, the longer you can invest for, and the more chance this money has to grow in value when invested in our Fully-Managed Investment Portfolios. Likewise, the more money you can invest each month, the closer you can get to your goal.
When setting up a Personal Pension with True Potential Investor, you’ll be guided through the stages of planning towards your goal. We’ll take into account your age, your annual income, how much income you’ll need in retirement, how many years you expect to withdraw from your pension, and how much cash you can invest today and each month.
At True Potential Investor, our technology also helps you to assess your financial circumstances and your attitude to risk to make sure our service is suitable for you.
Once your Personal Pension is invested with True Potential Investor, you’ll benefit from global diversification. This helps to reduce risk, as your eggs aren’t in one basket, with your money spread around the world. Our world-class fund managers UBS, Allianz, Goldman Sachs Asset Management, Columbia Threadneedle, Schroders, SEI, Close Brothers and 7IM give us access to over 9,000 investment experts in 200 locations.