#4 What am I saving for? When can I spend my retirement savings?

The Money Spot™ - UK Personal Finance

#4 Flora asks: Hi Heather, Based on the things you told us about investing, my husband and I started putting £125 per month each into our SIPP pension. I hope this isn’t a silly question but what are these savings for? When can we expect to start spending that money and should we try to spend it in specific ways or on specific things? Both my husband and I are 30, we don’t plan on having children and our jobs have fixed pension benefits. Related resource: https://www.katsonga.com/wealthblog/qa-what-am-i-saving-for-when-can-i-spend-my-retirement-savings Ask me a question: https://www.katsonga.com/coach.html Choose a book: https://www.katsonga.com/mybooks.html Support the podcast: In $: https://www.buymeacoffee.com/TheMoneySpot In £: https://www.patreon.com/TheMoneySpot Your way: https://www.paypal.me/katsonga