first_img “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address Starting to buy UK shares after the recent market crash may seem like a daunting prospect for any investor. However, for investors with no previous retirement savings, it may prove to be an especially challenging task. Risks such as Brexit and a second wave of coronavirus could weigh on the financial performances of a wide range of FTSE 100 and FTSE 250 shares.However, through buying a selection of high-quality businesses today, and holding them for the long run, you could build a surprisingly large nest egg that enables you to retire early.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Buying UK shares after a market crashThe best times to buy UK shares have historically been soon after a market crash. Why? At such times many companies trade at relatively large discounts to their intrinsic values. This can mean that they offer greater return prospects. And the stock market has always recovered from its various bear markets to post new record highs.Of course, there is a risk that investors will buy before the end of a market decline. This can mean that they experience paper losses on their investments. However, for any investor who has a long-term time horizon, the short-term performance of their portfolio is unlikely to have a direct impact on their retirement plans. As such, buying during periods where the economy’s outlook is challenging and there has recently been a market crash could be a sound move.Starting at age 50Starting to invest in UK shares at age 50 means that there is still time to build a sizeable portfolio prior to retirement. And that process is being aided by the recent market crash. The FTSE 100 has a solid track record of delivering annualised total returns of around 8%. But buying cheap stocks today could enable you to obtain an even higher annual return as the wider market recovers.Even assuming an 8% per annum return, a 50-year old is likely to have sufficient time to build a generous retirement fund. For example, investing £750 per month for the next 15 years could lead to a nest egg valued at around £245,000. From that, a passive income of around £9,800 per annum is achievable assuming that a yield of 4% is delivered.Long-term potentialThis level of income may not be sufficient to provide financial freedom in retirement. But it shows that starting to buy shares after the market crash from a standing start could be a worthwhile move for anyone seeking to build a retirement fund to reduce their reliance on the State Pension.As such, now could be the right time to start taking advantage of cheap UK shares caused by the recent stock market crash. They could improve your long-term financial outlook, and may even help to bring your retirement date a little closer. Image source: Getty Images. No savings at 50? I’d buy UK shares after the stock market crash to retire early Our 6 ‘Best Buys Now’ Shares See all posts by Peter Stephens Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this. Peter Stephens | Saturday, 8th August, 2020 Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img

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