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Thread: Retirement savings plan

  1. #1
    Registered JoeIskor's Avatar
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    Jul 2019
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    118

    Retirement savings plan

    I took out an RNPFN (now LV) retirement savings plan in 1998, £75 per month for 25 years.
    The lowest prediction for maturity was £37749.65 at 3.5% pa
    The latest prediction is £24192.67
    Does this mean the money has been terribly invested?
    And can I do anything about it?

  2. #2
    Registered Victordark's Avatar
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    Feb 2020
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    73
    Saving for retirement is very important

  3. #3
    Registered
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    Aug 2020
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    227
    Yes, it's a really terrible investment, but I wouldn't do anything with these savings anymore, as they've been lying around for quite a long time, and the 1% or even less that you get is better than nothing. In addition to investing, I would recommend you to learn all of the retirement benefits available and how to use them. You can find this information at goodlifehomeloans.com. Housing assistance, medicine, insurance, and much more. Believe me, when I first read the article from beginning to end, I was very surprised at how much everything is available to me, and how much money I can save using only benefits.

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