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<\/p>\nWhile every saver is different, there are a few golden rules that everyone should stick to when it comes to investing for retirement.\u00a0<\/p>\n
Here we run through some of the prime principles\u2026<\/p>\n
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Finance check: Keeping an eye on your investments is key to making sure your funds are performing as expected<\/p>\n
It’s easy to get side-tracked from your strategy when you read about exotic funds that have doubled investors’ money.\u00a0<\/p>\n
But if what you need is income, then these funds are not much use to you.\u00a0<\/p>\n
Remember the reasons why you picked your investments and only change them if they’re not performing or your needs have changed.\u00a0<\/p>\n
Not only will this keep you on track, but it will avoid your returns being eaten up by the costs of buying and selling funds.<\/p>\n
Mr Clark says: ‘Frequent trading can eat into returns so buy and sell funds as little as possible.’<\/p>\n
Each pension provider has a different charging structure and it is important to work out which is best for you.\u00a0<\/p>\n
Some providers will charge a flat annual rate, others will charge you each time you want to withdraw money.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
While every saver is different… <\/p>\n","protected":false},"author":1,"featured_media":381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[40,27,208,207,206],"class_list":["post-380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-venture-capital","tag-investing","tag-money","tag-retirement","tag-rules","tag-stick"],"yoast_head":"\n