Retirement savings: I’d buy cheap UK shares today to beat your State Pension worries

With the State Pension age continuing to rise, building a retirement savings portfolio is likely to become increasingly important for many people.

Assets such as buy-to-let property, cash, bonds and gold may seem appealing after the recent stock market crash. However, investing money in UK shares while they’re trading at cheap prices could be a better idea.

Through building a diverse portfolio of stocks, you could enjoy a robust passive income in older age that offers financial freedom.

State Pension challenges

As well as a rising State Pension age, the amount paid to retirees is relatively disappointing. At present, it amounts to around £9,110 per year. That’s around a third of the average salary in the UK. As such, it’s unlikely to provide most people with enough money to pay all necessary bills and expenditures each month.

Furthermore, there’s a real threat the rate at which pension payments rise could

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I’d buy cheap UK shares today to beat your State Pension worries

With the State Pension age continuing to rise, building a retirement savings portfolio is likely to become increasingly important for many people.



a dog running in a field: Active senior woman with dog on a walk in a beautiful autumn nature.


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Active senior woman with dog on a walk in a beautiful autumn nature.

Assets such as buy-to-let property, cash, bonds and gold may seem appealing after the recent stock market crash. However, investing money in UK shares while they’re trading at cheap prices could be a better idea.

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Through building a diverse portfolio of stocks, you could enjoy a robust passive income in older age that offers financial freedom.

State Pension challenges

As well as a rising State Pension age, the amount paid to retirees is relatively disappointing. At present, it amounts to around £9,110 per year. That’s around a third of the average salary in the UK. As such, it’s unlikely to provide most people with enough money to

Read More