Retirement

Many have said;

"A pension?  I’m only 30 - I’ve got another 35 years before I need to worry about that!"

"A pension?  I’m only 35 - I’ve got another 30 years before I need to worry about that!"

"A pension?  I’m only 45 - I’ve got another 20 years before I need to worry about that!"

"A pension?  I’m only 55 - I’ve got another 10 years before I need to worry about that!"

Then sadly later say;

"I always meant to start putting money into a pension - but I never seemed to get the time to sort it out. We’ll just have to tighten out belts and cut back on what we spend."

What could you cut back on? Would you really want to?

During working years a day could be split into thirds. We spend 8 hours at work and 8 hours sleeping, leaving 8 hours for leisure activities. In retirement this changes dramatically. There’s now another 8 hours available for leisure.

Could you cope now with having to sell the family car, downgrade or not take holidays, reduce outdoor activities including dining out?

Retirement age will only be reached once, therefore it is essential that all action possible is taken to ensure that sufficient income is available.

Consider this. 15 years remaining until retirement leaves only 180 monthly paydays remaining.
It’s important to take effective advice regarding what will be “the longest holiday of your life” .

If you require advice regarding your retirement planning please contact us.