Planning for the big 'R'

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Chris Thomas
Wed, 19/12/2007 - 16:34

I don't know if it's the cold affecting my brain (such as it is), but I've started to think about what I'm going to do when I retire.

Now, it's not for another 40-odd years, but I'm going to need a decent nest-egg to pay for my fruitless trips to the Lane! (Watching Spurs probably isn't worthy of inclusion in 'Retire in style', in all honesty)

So, any recommendations as to where I should start planning for a decent retirement?

It's also worth looking at equity ISAs as well as your pension - these are not tied in until whatever pension age the then government of the day chooses and you can take all your money at the end without being forced into buying a poor value annuity - plus it's tax free and you can leave whatever you've got left for the next generation.

I've been exploring (not like Edmund Hillary, more from my armchair) the gammut of ISAs and am thinking of going for one of the Northern Rock offerings.

I'm reasonably sure these are a safe option despite the furore surrounding it, any doubts?