Managing Your Money 

Which retirement savings vehicles are best for wealthy millennials?

Which retirement savings vehicles are best for wealthy millennials?

If you are under 40, then saving for your retirement might not be a top priority. However this is a mistake. By starting early, even if you can only save small amounts, your invested money has longer to grow, and develop into a large sum that could give you the type of retirement you want, when you want it. Kay Ingram, director of public policy at financial planner LEBC, explains what investors risk losing by delaying starting a pension: "For every 10 years that a saver who could pay £100 each month into their pension pot doesn’t, they risk losing £20,000 of fund value."

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