Getting Your Retirement Plans in Motion
When it comes to retirement planning, there are a lot of things to consider. First and foremost, you need to make sure that you have enough saved up to cover your costs. This includes things like living expenses, health and care costs, and any other debts or financial obligations you may have.
You also need to think about how you want to spend your retirement years. Do you want to travel? Spend time with family and friends? Pursue hobbies or interests? Whatever you want to do, it’s important to have a plan in place so that you can make the most of your golden years.
Last but not least, don’t forget to factor in inflation when planning for your retirement. Over time, the cost of living will go up as we’ve seen recently, so you’ll need to make sure that your savings can keep pace with rising prices. By planning ahead and taking all of these factors into consideration, you can look forward to a comfortable and enjoyable retirement.
When we at Oyster sit down with you to work out your financial plan, we use very clever software that does all the above and so much more, creating a picture on screen so that you really can plan for the future you would like. The earlier in life this is done, the more you can plan for tomorrow and still live for today!
In this guide the following subjects are covered:
- Planning for the future
- Failure to save enough for old age
- Non-Retirees
- Develop a robust retirement plan
- Planning for early retirement
- Pension allowances
- Pension lifetime allowance
- Accumulating a nest egg
- Changing landscape
- Building up your pension pot
- Leaving work behind
- Mind the gender pension gap
- Rising to the defining challenge of our age
- With more freedom comes more responsibility
- Tracking down savings from a previous employer
- Accessing your pension
- Reviewing your finances sooner rather than later
To discuss any of the topics in this guide or to book a free initial consultation with Michael, please contact the office on 023 80848410 or email enquiries@oysterfinancialplanning.co.uk
