There are plenty of reasons (excuses?) for not saving for retirement, and most have some merit!
On the other hand, there are plenty of good reasons not to put it off any longer! Here are three to consider:
Sound good? Let’s consider those three factors in more detail.
If you work for a company, you may have access to a pension scheme where your employer matches a portion of your contribution.
If you are a company director you may use the pension to transfer profits tax efficiently in to your own name.
Benjamin Franklin gave a very simple explanation of compound interest: “Money makes money. And the money that money makes, makes money”. So if you are going to have to save for your future, why not do it as soon and as tax efficiently as possible.
If you have any queries in relation to the above, please contact Harvest on 01 2375500 or email@example.com.
This marketing information has been provided for discussion purposes only. It is not advice and does not take into account the investment needs and objectives, financial position, risk attitude, liquidity needs, capital security needs and/or capacity for loss of any particular person. It should not be relied upon to make investment decisions.