Savings Strategies for Every Stage of Life

Exploring Savings Accounts: Strategies for Different Financial ScenariosThis episode delves into the world of savings accounts, offering tailored advice for various financial situations. A retired couple with £100,000 can earn over £3,400 annually with a fixed-term deposit and have access to £20,000 in an instant access ISA. A working woman in her fifties can secure a 4% rate on £20,000 with a three-year fixed-term deposit. A working man in his forties can save £1,500 a month for five years, benefiting from a Santander Edge Saver or cash ISAs. A retired man in his sixties can use laddering to balance returns and flexibility.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.