Start your pension saving earlier and the differences can be massive
- colinslaby
- Jan 14
- 1 min read
This straightforward picture illustrates the clear advantage of paying into a pension scheme sooner rather than later.
Person A started saving at the age 25
Person B started saving at the age 35
The monthly amount paid into the scheme and the annual returns are the same.
The difference is the term, which is only 10 years however, what you will have in your retirement pot by age 68 could be very different.
Investment returns are never guaranteed. Investments can go up and down.
