What you need to know at retirement

What you need to know at retirement…

The government’s consultation, entitled  ‘Freedom and Choice in Pensions’, has outlined plans for sweeping changes in pensions. The changes, some of which are yet to be fully decided before April 2015, are designed to give you more choice and flexibility with your accrued pension fund at retirement.

But irrespective of these new proposals,  the big questions remain.

Questions like about knowing the real value of your money; balancing the risks which lay ahead; and the risks you may or may not have to take.

pic 1

It is a big step to go from the security of being employed with an earned income to all of a sudden being retired and relying on your savings, pension benefits and other assets you may have built up.

Click on the links below to view more details on some of the important points you need to consider.

And for further advice on how to put the right plans in place contact Lifetime (tel: 01226 208600, email: t.nelson@lifetime-fm.com) and speak to one of our Retirement Specialists.

Inflation Risk

Longevity

Annuity Rate

Investment Risk