Ep 551 - How much to save for a comfortable retirement & mortgage splitting
The Money To The Masses PodcastShow Notes
In this week’s episode, Damien discusses the latest figures from the Pensions and Lifetime Savings Association (PLSA). He breaks down the exact amount you need in your pension pot to achieve your desired retirement lifestyle and reveals the monthly contributions required to get there, regardless of your current age.
Next, he explains split mortgages, highlighting the potential benefits and drawbacks and why it is vital to seek independent advice before making a decision.
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Links referred to in the podcast:
Sign up to our weekly newsletter How the Middle East peace deal impacts your finances PLSA Retirement Living Standards research Quilter research The Money Vault 26 ways to boost your pension pot Best Mortgage Rates in the UK How offset mortgages work
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