The state pension age is rising all the time as it is re-aligned with life expectancy.
Due to the vast number of pension reforms made by various UK governments, retirement planning has become more complex than ever.
Your retirement may seem like a long way off, but time flies by as well all know. Here are three important questions to consider:
- When do you need to start saving for your retirement?
- Do you know what age you'll be able to retire at?
- How much money will you need to live off when you do stop working?
If you can't answer any of the questions above with great certainty, retirement planning needs to be at the forefront of your thoughts.
Sowing the seeds for your retirement
When you contact us about planning for your retirement, you will get clear, custom advice so you can make the decision you feel is right for your future after work.
Whether you have money to invest, other assets such as property, or haven't made any provision for your retirement yet, we can lay out your options in an easy to understand way.
With projections showing that someone born in 1964 will have a life expectancy of 88 years and a state pension age of 68, there's a 20 year gap that needs to be plugged.*
A life of 'scraping by' or even poverty is the last thing you want when you've worked hard all your life and finally retired.
It's never too late to start planning
Even if you think you may have missed the boat when it comes to planning for your retirement, there may still be a number of options open to you.
One thing's for sure, sitting back and doing nothing isn't going to give you any peace of mind as you advance in years.
You may not be aware of all the pension possibilities available to you.
Get in touch for an initial consultation and get the facts to help you make a decision about your retirement planning.