It makes sense to start early
Ideally we’d all start saving for retirement as soon as we start working after finishing school or college. But now’s still a good time to start a pension.
But don’t delay – the longer you leave it, the more you need to save each month to provide for a comfortable retirement. Putting it off for even a few years can have a huge effect on your fund value at retirement. You’ll see below the effect on your pension fund caused by delaying starting a pension by five years.