Financial planning retirement strategy
When: Monday 23rd April, 8.30am to 9.30am
Where: Our offices, The North Barn, Broughton Hall
At Pearson and Associates we want to ensure that you have received all the advice and support you need. Whether you are preparing for retirement in the next 10 years or you are one of the ‘Baby Boomers’ entering retirement now, this seminar, in conjunction with Standard Life, will provide greater clarity on what you need to do to secure your financial future. Join us for a coffee, croissant and some essential retirement planning advice at this not to be missed seminar.
When the country is celebrating the Olympics in 2012, baby boomers will be turning 65 in record numbers. Over 800,000 of them, a staggering 150,000 more than in 2011, will reach this key milestone. This massive increase corresponds to the post-war spike in births in 1946 and 1947, and presents a challenge for the Government as many of those turning 65 will also start claiming their state pension.
‘Baby Boomers’ have enjoyed decades of booming house prices, generous final salary pensions and stock market growth. Everybody talks about the baby boomers being so lucky, but have they learned anything and got the pension and investment funds to show for it? Do you know what you have in place?
Your 50s is perhaps the most important decade of all when it comes to retirement planning, and thinking ahead in terms of what you need – it may be a case of having to ease into retirement.
Plan of action: tips for the over 50s
- Structure your monies tax efficiently, Where will your income come from?
- Maximise your tax planning opportunities, use the wrappers which are right for you.
- Consider all the ‘at’ retirement options (not just annuities).
- Open Market Options – shop around for the best retirement income.
