If a 50-Year-Old Puts £500 a Month Into a SIPP, Here’s What They Could Have by Retirement

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If a 50-year-old puts £500 a month into a SIPP, here’s what they could have by retirement

Building retirement wealth in a Self-Invested Personal Pension (SIPP) is a proven strategy to secure a more comfortable pensioner lifestyle. Even when starting later in life, say at the age of 50, it’s still possible to build a substantial nest egg. But what does that mean in terms of money? Let’s explore just how much richer older investors can expect to realistically become before retirement with only £500 a month. Setting expectations On aver…