What does retirement mean to you? It should be something to look forward to; a time to indulge your hobbies, travel without the limitations of annual leave entitlement and spend quality time with loved ones. It shouldn’t be a time of stress or worry. Unfortunately, for many people, retirement can mean having to cut back on the things they enjoy and downsizing their home to make up for an insufficient pension pot.
Today, it’s usual for a healthy retirement to stretch for well over 20 years. Will your pension stretch that far? And if it does will you be able to enjoy the kind of life you want to live?
At Mulberry Chartered, we encourage you to proactively think about how much income you want to receive in retirement and then help you find the best ways to hit that target. We’ll work with you over the long-term to make sure you stay fully in control of your future wealth and don’t just have to hope for the best.
With pensions, it’s simple…. the earlier you start, the better off you’ll be! Scary Fact: if you put off pension planning until your 30’s, you could halve your eventual retirement pot, compared to saving at the same level from the age of 20. The impact really can be that significant, so don’t delay!
Whether you’re employed or self-employed, get in touch today and take control of your financial future.