How to set your retirement goals

Don't be put off by the thought of saving for your pension, says David Prosser. Getting started is much easier than you might think.

877-bike-634

Start saving now if you want a fun retirement
(Image credit: Credit: Juice Images / Alamy Stock Photo)

If you're not currently saving for retirement, you should make it a priority for 2018. Research published by the OECD club of mostly rich countries in December showed that the UK now has the least valuable state pension of any developed economy in the world, leaving those who haven't made private provision facing an uncomfortable retirement.The good news for those who have put off the process through dread or boredom is that making a start is probably a lot easier than you think.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
David Prosser
Business Columnist

David Prosser is a regular MoneyWeek columnist, writing on small business and entrepreneurship, as well as pensions and other forms of tax-efficient savings and investments. David has been a financial journalist for almost 30 years, specialising initially in personal finance, and then in broader business coverage. He has worked for national newspaper groups including The Financial Times, The Guardian and Observer, Express Newspapers and, most recently, The Independent, where he served for more than three years as business editor.