Martin Lewis advises against using Lifetime ISAs for retirement savings, suggesting a workplace pension instead.
Martin Lewis warns that Lifetime ISAs are not a good place to save for retirement, advising listeners to prioritize saving into a pension instead. For most people, a Lifetime ISA is not the best option for saving for their pension, especially those with a workplace pension that offers matching contributions and tax benefits. Instead, Lewis recommends putting the money in a workplace pension.
March 17, 2024
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