"AirFunders shows members of all ages the value of compounding of investment returns for their future."
The member application with our compounding calculator front and centre shows members the benefits they will gain by increasing their average monthly contribution Showing potential valuations at various rates of return a over various time periods, members can see the value of saving and in our unique way, how AirFunders can help build those required savings.
Have a try. Alter the amount, years and rates of return and see what compounding can do.
“Not having enough money in retirement is an issue for many and 51% of employees with a workplace pension are worried that they won’t make enough to live their ideal retirement life.” https://www.visualcapitalist.com/global-attitudes-towards-retirement/
Research we have conducted has found that 63% of respondents said they were unprepared for retirement or had not thought about it.
As you would expect this grew to 88% in the 18-24 age bracket and 69% in the 25-34 age bracket and 59% in the 35-44 bracket. Worryingly, 13% of those aged 35-44 hadn’t thought about it yet.
41% of those surveyed aged 45-54 deemed themselves unprepared, and, 4% of those surveyed had not even thought about it!
The correlation between those unprepared for retirement and those not having enough income to contribute to a pension was high at 87%, and showing interest in different ways of funding a pension high at 91%
Research carried out in February 2020 through a cross section of UK society, sample size 1,050.
The problems are stark but not spread equally across society. There are massive social, regional and gender inequalities.
The importance of building retirement funds is something that is overlooked by too many people for too long. The earlier you can start, the better.