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You Are Here: Home > Personal Finance > ISAs > FAQs - Question
Can ISAs be used to help fund a Retirement
Yes, in fact this is what many people are already doing. Think about the maths.

£10,200 per tax year can be invested into the stockmarket and other related investments such as bonds and property funds.

As ISA can be used to help fund a retirement income
If your money grows at an average of 6% a year the compounding of returns can produce a fairly large sum over 10, 15 or even 20+ years.

The added advantage of using ISAs over a more restrictive pension plan is money can be withdrawn whenever you want, rather than waiting for the official retirement age.

Why not do both - ISA + Pension
Perhaps the most sensible way to plan for your retirement savings is to use both ISAs and a pension. Then you'd probably get the best of both long term investment vehicles.
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