As your circumstances might change over time, it’s important to review your saving targets regularly to make sure they’re still relevant to you. Doing a mid-year budget review could be an opportunity to re-evaluate your priorities and approach if needed.

Looking for more personalised advice?

If you're not of what is right for you, please speak to a financial adviser – there maybe a charge for this. If you don't have a financial adviser, you can find the right one for you with MoneyHelper.

Pension Wise, a service from MoneyHelper, is a free and impartial government service offering guidance about your retirement options. This service is available online at MoneyHelper by phone on 0800 138 3944 or face to face by appointment.