Firstly, lets look at some of the good reasons to retire early.
Once we finally stop working, we are able to leave behind the common stresses that come with working hard. Stresses such as early mornings, working late and stressful meetings. With those days firmly behind us, we don’t have to set the alarm clock, or worry about being stuck in traffic.
If there is anything you have always wanted to do but never gotten around to it, then your retirement is an amazing opportunity to do it.
Now, whilst all that sounds great, there is one obstacle standing in the way. Can you afford your retirement?
This is why it is crucial to think about your future after work. We have all been guilty of thinking “I’m not going to retire for such a long time, I don’t need to worry about it. I can save up later”. Next thing you know, later has quietly arrived. Whilst planning early is always better, it is never too late to reach out to us and get a handle on where you are financially, where you want to be and how we can help you get there.
Our retirement specialists have dealt with hundreds of cases where people have come to the realisation that they want to retire early.
How do they help?
For the purpose of this article, we will keep it short, but you can head over to our retirement ready page for a more in-depth understanding of our retirement ready program.
1. We get as much information about you as possible (finances, spending habits, future spending predictions like paying off your mortgages, holidays etc)
2. We calculate how much you will need through out your retirement and where there are any shortfalls.
3. And then we get to work putting together a financial strategy for you to approve before we start implementing it.
The bottom line is that proper planning for the future can show you the best road map to achieve those plans. Let’s face it, we all want to work less and live more. So if you have any questions or want to give us a call and discuss your options, click here or give us a call on 020 3794 3480 .
A pension is a long-term investment not normally accessible until 55 (57 from April 2028). Your capital is at risk. The fund value may fluctuate and can go down, which would have an impact on the level of pension benefits available.
Please note: This blog is for general information only and does not constitute advice. The information in this article and all others in The Learning Hub is aimed at retail clients only.