LATER LIFE CARE
When you think about your future, how far ahead do you plan?
Have you ever considered how far ahead you plan when you think about your future? Perhaps you’ve considered what your life will look like in 10 years, but have you considered your later years?
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While retirement planning is common, people often focus on the early retirement years. However, your needs and lifestyle wishes can change drastically over retirement and could last decades. It’s just as important to think about how you’ll spend your later years as those first years when you are still celebrating retirement. Planning for later-life financial security means being proactive. The decisions you make in early retirement, and even before that, can profoundly impact your later years.
In this guide we look at:
Building long-lasting financial security
Proactive decisions for peace of mind
Confidence in your future
Ensuring the longevity of your pension
Accessing your pension
Understanding the current state pension
Exploring pension credit eligibility
Creating a comprehensive retirement plan
Flexible-Access Drawdown: Flexibility and growth
Taking Lump Sums: A flexible approach
Using your other assets to create income security in retirement
Investments: Generating returns from your portfolio
Balancing multiple income streams
The cost of long-term care
Understanding long-term care
Financing long-term care
Legal considerations
READY TO DISCUSS PLANNING FOR FINANCIAL SECURITY AND PEACE OF MIND IN LATER LIFE?
Making informed choices today will significantly impact your financial security and peace of mind in later life.
Please contact us today to discuss your options and any questions you might have regarding this guide and your financial future. Call 02380 848410 or email enquiries@oysterfinancialplanning.co.uk
Oysters Financial Magazine November 2024
8th November 2024