Retirement Planning
Retirement planning is about ensuring that you have sufficient financial resources to enjoy your retirement. Although most attention is placed on the provision of a pension, it is also wise to consider the timing of debt repayment to ensure that they are repaid before you retire.
There has been considerable political comment and press coverage regarding the level of the State Retirement Pension. It is generally accepted that people will require more money after their retirement than the state pension can offer.
These feelings often lead to people setting up regular contributions into a pension scheme. Pension planning is normally a long-term commitment. The Government is trying to encourage more people to build up a pension fund of their own with the introduction of Stakeholder Pensions and changes to Contracting Out from the State Second Pension (S2P).
For more information about Retirement Planning call us on 01276 517700 or email advice@professional-wealthcare.co.uk
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