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Key decisions

How much should I save?

For most people, an important question to consider is when they should start a pension and how much to put in. You should consider putting aside as much as you can reasonably afford without overstretching yourself: the long term rewards can be well worth it.

Many people would rather not think about starting a pension - but remember that every day you put it off makes a difference to your income when you eventually retire. And by then it may be too late to do anything about it.

Remember that if you are unsure as to how much you should pay into your pension, you should speak to a financial adviser. There may be a cost associated with obtaining advice.

 
 
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This website is intended for the information of residents of the United Kingdom. Standard Life Assurance Limited (SC286833), Standard Life Bank plc*, (SC173685), Standard Life Client Management Limited (SC193444) and Standard Life Savings Limited (SC180203) are all registered in Scotland at Standard Life House, 30 Lothian Road, Edinburgh EH1 2DH. Standard Life Investments Limited (SC123321) and Standard Life Investments (Mutual Funds) Limited (SC123322) are both registered in Scotland at 1 George Street, Edinburgh EH2 2LL. All companies authorised and regulated by the Financial Services Authority (* except for Standard Life Bank plc's "Buy to Let" mortgages).

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