What options do people have when approaching retirement?
Retirement presents you with time
Do you have to retire when the time comes? Do you even want to retire? Can you afford to retire? At what age would you like the option to retire? All of these questions are worth reflecting upon…Today.
A QUESTION I’m asked every day — If you are a 65-year-old couple today, the great news is that there is a three in four, or 75% chance, that at least one of you will live longer than 20 years in retirement.
Retirement presents you with time to do the things that matter most to you. While your happiest years may well be in retirement, the transition for many, sadly, isn’t always a walk in the park.
Should I stay or should I go?
Do you have to retire when the time comes?
Do you even want to retire?
Can you afford to retire?
At what age would you like the option to retire?
All of these questions are worth reflecting upon …today.
A straight-line electrocardiogram (ECG) indicates the person is dead. Just like retirement, a typical career has some ups and downs. When we create lifetime cash-flow illustrations for our clients, the ‘Base Plan’, without our advice, typically shows a years of cash flow being in the red. Eat, sleep and exercise are the magic ingredients to a healthy lifestyle. Save more, euro-cost average it, and spending less than you earn are the key ingredients to financial health and a comfortable retirement.
The challenge for most people is they don’t have the time to research the market, monitor the best options and evaluate what would be best for themselves moving forward.
That’s where Infinity Financial Planning can help.
What is your current financial position?If you are in an unstable work situation, is a redundancy package on offer?
Confused? The biggest question to consider always is – “have you enough to enjoy retirement comfortably?” Choosing the right financial options for your retirement is a big decision. Sound financial advice that is client focused, rather that product focused is invaluable.
If you’d like a chat about your current options and choices in this area, call us today, 021 4508851.
That first, no obligation meeting, will be at our expense. It will be worth it.
See www.infinityfinancial.ie for more.
Follow our regular features in the Echo live, where we offer financial insights regarding pension planning, retirement, Investments, and business wealth extraction.
Get in touch or learn more about us