Newcastle Financial Services Ltd has launched a new Payslip Calculator to help you determine exactly how many payslips you are away from retirement, as well as your total expenditure and disposable income in real terms over the course of your working life.
The tool has been designed to encourage users to think about their financial future, the impact of inflation, and how they should plan accordingly.
For example, think back to how much a pint of milk cost you 10 years ago. In all likelihood it cost less than it does now: that’s the effect of inflation. This also can affect your savings if the rate of interest you earn on your savings isn’t greater than the rate of inflation.
There are many reasons people choose to invest their money, and it’s always worthwhile seeking financial advice before making a decision about how to invest your money, especially if you’re a beginner and you don’t know where to start.
Choosing the right savings or investments for you will depend on how happy you are taking risks as well as your current finances and future goals. The value of investments and any income from them can fall as well as rise and you may not get back the amount you originally invested.
If you’re considering where to invest money and want to know a little more before you make a decision, Newcastle Financial Services Limited offers no obligation meetings with their financial planning manager.
Newcastle Building Society Introduces to Newcastle Financial Services Limited which is an appointed representative of Openwork Limited.
Newcastle Financial Services Limited offers a ‘restricted advice’ service which means they discuss and offer products and services from a limited number of companies available through Openwork Limited.