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JoeIskor
04-23-2022, 08:29 AM
I took out an RNPFN (now LV) retirement savings plan in 1998, £75 per month for 25 years.
The lowest prediction for maturity was £37749.65 at 3.5% pa
The latest prediction is £24192.67
Does this mean the money has been terribly invested?
And can I do anything about it?

Victordark
04-23-2022, 08:29 AM
Saving for retirement is very important

ZoeHillo
04-23-2022, 08:30 AM
Yes, it's a really terrible investment, but I wouldn't do anything with these savings anymore, as they've been lying around for quite a long time, and the 1% or even less that you get is better than nothing. In addition to investing, I would recommend you to learn all of the retirement benefits available and how to use them. You can find this information at goodlifehomeloans.com (https://goodlifehomeloans.com/resources/help-for-seniors-with-low-income/). Housing assistance, medicine, insurance, and much more. Believe me, when I first read the article from beginning to end, I was very surprised at how much everything is available to me, and how much money I can save using only benefits.