The current low interest scenario is good for borrowers but not so good for savers. If, like many other of our retired clients, you need to top up your pension with income from your investments, now is the time to consider reviewing your strategy in light of the low rates of interest being paid from Banks and Building Societies.
Additionally, the effects of inflation can have a devastating impact on the purchasing power of your savings over time, so of great importance will be the need to ‘inflation proof’ your retirement nest egg over the longer term.
To find out more about what you can do to increase your income from your savings, download our easy to understand guide below on how to boost your retirement income. Call us today for a non-obligation discussion on how we can help you maximise your income and increase your spending power.