4 Ways HENRYs Can Use Their Pension to Keep More of Their Six-Figure Incomes
A £100,000 salary isn’t what it used to be, after tax and other penalties. But by putting some of your current earnings into a pension, you can end up holding onto more of your income in future.
If you’re a ‘HENRY’ – High Earners but Not Rich Yet, here’s what you need to know. Brits earning six-figures are increasingly finding their salary doesn't stretch as far as expected – but smart use of pension saving can help protect the money in their pockets.
Earning power of £100,000 is often seen as a benchmark of wealth. But for the HENRYs, the reality can be far less luxurious than imagined.
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Author's summary: HENRYs can use pension savings to retain income.
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