Hello!
I've been paying myself pension into a private SIPP account for eight years, and I've noticed that the amount of money in the SIPP account nearly sums up to my investments into it.
I am bad in finance, but I realize that if I retire in say 20 years, my investments will worth much less than they do now because of the inflation.
So I am afraid I am loosing my money.
How much yearly % increase can a person have if investing their pension into funds (without being too lucky and begin an experienced investor)?
Is it feasible to beat the inflation for someone who is not good in finance?
(I thought of investing in property instead, but because of tax when renting out your property it seems not a good option...)
Will be grateful for any help...
I've been paying myself pension into a private SIPP account for eight years, and I've noticed that the amount of money in the SIPP account nearly sums up to my investments into it.
I am bad in finance, but I realize that if I retire in say 20 years, my investments will worth much less than they do now because of the inflation.
So I am afraid I am loosing my money.
How much yearly % increase can a person have if investing their pension into funds (without being too lucky and begin an experienced investor)?
Is it feasible to beat the inflation for someone who is not good in finance?
(I thought of investing in property instead, but because of tax when renting out your property it seems not a good option...)
Will be grateful for any help...
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