How to reach your retirement goals
So you have a retirement goal – now how do you reach it? It might seem like a daunting feat, but there’s lots working in your favour. Brian’s back again to explain some of the ways you could be growing your pension without even realising it.
How does the Moneybox Pension work?
In addition to a workplace pension, a personal pension can be a great way to grow a healthy pension pot. With the Moneybox Personal Pension, you can:
- Track down and combine your old workplace pensions into one personal pension, with the help of our trusty Pension Detectives 🔍
- Get a free 25% bonus from the government on your contributions. So for every £4 you save, the government will contribute £1 (Pension and Tax rules apply) 💰
- Save as much or as little as you like, whenever and as often as you like with weekly deposits, monthly payday-boosts, one-off deposits or round-ups ✔️
- Track the performance of your investment 24/7 in the app 📲
As with all investing, the value of your pension can go up and down, and you may get back less than you invest. If you’re planning to transfer your pension, it’s important to compare the charges and benefits between Moneybox and your old provider, and whether the risk and reward profile of the investments we offer matches your needs.