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Creating A Retirement Fund: A Quick Guide

31st May 2023

While many aim to live in the moment, diverting 100% of our attention to the "now" isn’t always the best idea. Sooner or later, the future will roll around, and without any retirement planning, your personal finances might not be as secure as they could be.

Creating a retirement fund often gets forgotten, as old age feels, well, ages away! However, preparing in the present moment is the best way to get ahead. Plus, your future self will thank you for setting some money aside.

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WARNING: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

How much would you like to borrow:

£200
£750
How long would you like it for?
3 months
6 months

Your monthly repayments are:

1
£
2
£
3
£
4
£
5
£
6
£
Total amount to be repaid:
£  
Annual percentage rate:
  % APR

Representative Example: £200 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £355.99 in monthly instalments of £65.11, £78.35, £64.05, £58.76, £48.16 and £41.56. This is based on the amount of credit plus interest, no other fees apply. Representative 1266.2% APR


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