I am 57 [ need advice ISA] 17 June 2009 at 8:31PM in How much have you saved? 2 replies 1.1K views

vervin

and have £650.00 i can save a month , have no one to [at home] ask, should i put it all in a SS ISA or Cash ISA . Advice would help !! I hope to give up work in 12mts , so this a last rush to save!!

racer256

Hi try filling up your tax free allowance first and then look for a savings account that is high interest. Try reading Martins Saving page for more ideas.

samnorris2

Vervin,
Here is a post I wrote to someone else last night. You might find this a better deal than SS ISA or Cash ISA. It's a SIPP (self invested personal pension). Big tax breaks with a SIPP. actually 66% growth on your investment as a high rate tax payer.
Here's the link... my comments at the bottom

http://forums.moneysavingexpert.com/showthread.html?t=1781749

You could even call Hargreave Lansdown who could help advise on best of ISA or SIPP to suit your needs. Good luck

Sam