Retirement planning is one of the most important aspects of managing our financial affairs, and undoubtedly right up there with the most challenging too. This is for the simple reason that while you can be fairly certain of how long you can be building your pension pot, no-one can tell how long a retirement they will need to fund.
The name of the game, as ever, is getting the most reward available for the level of risk you are comfortable with and able to afford. By all means, look to play the commodities supercycle, but remember not to be overly credulous when assessing this or any other investment theme.
It is very easy to think, “What’s half a percentage point here and there?” Well actually, the difference can be pretty stunning.
There has been a huge rise in online trading during the pandemic and it’s difficult not to see shades of that in the current retail investing boom. Without wishing to rain on anyone’s parade, however, I hope this is just a starting point for very much healthier and rational relationships with the markets, and a real desire to understand how one really should invest.
We all want to give our children the best possible start in life. Though there have been state schools doing an admirable job of lockdown learning, an undeniable divide has emerged in the quality of provision that has been driving more and more families towards private schooling.