Inflation could affect your hard earned savings.
With inflation recently hitting a 41 year high, have you thought about the effect that this could be having on your retirement plans?
From planning your future to enjoying your retirement, our financial advisers are here to help. Book a free, no obligation call today to see if we can help with your financial future. There are no hidden fees or charges, and you’ll only pay if you choose to go ahead with the recommendations in your personalised financial plan.
Do you know if inflation is impacting your finances?
Use our inflation healthcheck tool to find out.
Simply answer a few short questions to discover if, and when, you could take action to protect your finances against inflation.
1 in 4 people are delaying retirement - what about you?
With inflation recently hitting a 40 year high, our finances are being squeezed as the cost of our food and fuel continue to rise. Our research shows that a quarter of UK adults over the age of 55 will have to delay their retirement by at least four years due to rising inflation. How will your retirement plans be affected?
of UK consumers don't know how much income they will need for retirement.
Source: Schroders Personal Wealth 'Inflation Watch Report', August 2022.
Inflation special webinar: Is your retirement in jeopardy?
Kate Thornton hosts our inflation webinar alongside a panel of financial specialists and advisers from Schroders Personal Wealth, Lloyds Bank and Schroders. Our panel members discuss what is happening in the financial world right now in the hope that you can better understand what inflation could mean to you and your own plans for your financial future.
How inflation is calculated
Consumer price inflation is the rate at which the prices of goods and services bought by households rise or fall and is estimated by using the Consumer Prices Index (CPI). CPI provides a useful yardstick of the impact of overall price changes on our pockets. This article explains how the Office for National Statistics calculates CPI by creating a basket of what it calls ‘representative items’ to capture overall price rises for households in general.
Let's start with a free initial consultation
We'll begin with a free, no obligation conversation to understand if our service is right for you. There are no hidden fees or charges, and you’ll only pay if you choose to go ahead with the recommendations in your personalised financial plan.