As we continue to live longer, you’ll need to consider making your retirement fund last significantly longer than your parents did and as part of this planning you will also need to take your long-term care provisions into consideration.
Seeking professional financial advice could help you to make the most of your assets, giving you an overview of your finances and in turn a better idea of how much you can expect to receive at retirement, in line with your goals and objectives.
Where to start
It doesn’t matter how old you are, or at what stage of retirement preparation you are at, if you take control of your financial planning now, you can be confident that you’ll be able to afford the retirement lifestyle that you have in mind.
There is no one size fits all when it comes to retirement planning but there are some common themes that we can all consider such as:
- What your pension might look like
- What happens when you retire
- Why you should use a financial adviser
Looking to explore these topics in more detail? Check out our Retirement planning guide below.