Finances should be sorted before you're 30

clock

Advisers believe the three most important financial planning activities, of saving for retirement, buying a house and saving for the future should all start before a person reaches the age of 26, according to research from Prudential.

A survey of 100 advisers revealed if people haven’t put the basic building blocks of financial security in place before the age of 30, they could face a lifetime of struggling to catch up. The research claims advisers believe you should start a pension by the age of 22, buy your first house before you’re 25 and start to build up savings by the time you reach 26. But Prudential say while this is the ideal view, the reality is rather different, as the average first-time buyer is 34, while the average age to marry, which normally acts as a trigger to sort out finances, is 29 for women an...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advisers: Are you even taking your own advice?

Advisers: Are you even taking your own advice?

Exploring the expenditure consolidation conversation

Nick Ryan
clock 25 March 2026 • 4 min read
CISI welcomes 76 Certified financial planners

CISI welcomes 76 Certified financial planners

Number of UK CFP professionals continues to rise

Sophia Panayi
clock 24 March 2026 • 1 min read
'Nobody is big enough not to be bought'

'Nobody is big enough not to be bought'

Roderic Rennison on the future of deals in the advice industry

Isabel Baxter
clock 20 March 2026 • 1 min read