Retirement Advice

Retirement can be a time for exciting new changes in your life and uncertainty about how you will manage your income. You may be looking forward to spending more time on those things that you have dreamed of, such as travel, leisure and family time. But how will you plan your income? How will you make sure you retain your independence without running out of money? 

Planning ahead is a way to maintain balance between your lifestyle and your financial resources – and the earlier you start the better. Perhaps more than any other stage in life, the decisions you make (or the ones you neglect) in planning your retirement years can make a huge difference to your retirement lifestyle 

Once you reach retirement, your strategy for prolonging retirement income becomes paramount. Life expectancy is increasing and you could easily be relying on your income to last 20 years or more. It is critical to coordinate the taxation, social security and investment aspects in a carefully structured plan.