- Falling requirements from financial dependents
- High levels of disposable income
- Between five and 10 years from retirement
Your children have left home (or have at least stopped absorbing all your spare income), you’ve taken a decent chunk out of your mortgage and your monthly savings are starting to look a lot healthier. These are the prime accumulation years for a self-invested personal pension (Sipp) – a chance to take plenty of risk, which combined with regular contributions can see it achieve steady compound growth, and set you up for a comfortable retirement.