Some very common reasons as to why you might need some help:
Some very common reasons as to why you might need some help:
🥺Do you understand how pensions work?
🤯Are you confused by all the jargon and unsure about talking to a financial adviser?
🤔Do you think that a pension is something you should only worry about when you retire?
Your pension is the investment that determines how much you will get paid in retirement. It should really be called ‘retirement income’.
The UK’s state pension is one of the worst in the developed world. It's about £10,000 per year – roughly half the minimum wage - assuming you qualify for the maximum amount. It is not paid out until your late sixties.
You should have an idea of what size your own pension pot needs to be in order to lead the life you want when you do retire.Â
You can now take some of your own pension at age 55 if you wish– but you don't have to retire then! The rules around this are complex.
Understanding the fundamentals of how pensions work can help you make decisions now that could let you take control of your future finances and give you a better work/life balance after age 55, or more a comfortable life in full retirement.
No matter what your age or circumstances, I'm happy to meet up with you for a session that will last about 1 hour for a fee of £75.   Give me a call on 07712 181293 to explore if you think I can help you.