Will you be a burden on your children?
I’m sure we all want to give our children the very best, but my observation is that many parents are storing up problems for the future. Let me explain:
Independent Wealth Management
Call us on 01276 517700 or email advice@professional-wealthcare.co.uk
I’m sure we all want to give our children the very best, but my observation is that many parents are storing up problems for the future. Let me explain:
Total UK personal debt stood at £1,452bn at the end of May 2011, according to figures from Credit Action – almost as much as the whole country has produced in the year to June 2011 and a sum that equates to over £8,000 per household (excluding mortgages).
The following article is quite abrupt and to the point. It is difficult to write about some of the basic, yet important issues surrounding retirement planning without perhaps touching some nerves. So if you’re easily offended, please move on. My objective here is to help people to understand retirement and to successfully plan ahead for later life. This involves waking up to some serious issues. So please read this in the spirit it is meant and please don’t shoot the messenger.
I’m sure we all recognise the obvious need to save money. It’s clearly preferable to make purchases from your own money rather than from borrowed money, especially when the significant cost of loans is understood.
Barry is an expert in his field. He listens and he helps.
Paul Sloane