Planning for retirement might sound straightforward – figuring out how much money you need to ensure a comfortable future once your earning days are done. Of course, this is easy to say but in reality, it’s a bit more intricate. There’s a whole array of factors to consider, such as your taxes now and later, pension rules and limits, your comfort with taking risks, economic shifts, and the ever-evolving regulations governing these matters.
To add a twist, not all pensions offer the same perks, and some older ones have hidden benefits you might not even know about. Navigating retirement planning can often feel like a tightrope walk, brimming with questions:
- Can you retire, maybe even earlier than planned?
- Will you sustain your current lifestyle or the one you’re aiming for?
- What other income sources do you have, like property or ongoing business ventures?
At One Four Nine Wealth, our experienced advisors will help you gauge where you stand now and, more importantly, what your retirement prospects look like. We’ll guide you toward your retirement goals in the most hassle-free way possible.
In our busy lives, it’s tempting to put off discussing retirement until another day. However, addressing the tough questions sooner rather than later can make your path to retirement smoother and more enjoyable.
Whether your retirement is right around the corner or it’s already happened, our advisors can review your situation and recommend how to structure and manage your assets for optimal efficiency and flexibility. After all, none of us can predict the future.
Talking to a One Four Nine Wealth financial pro can help you strike the right balance. Locate one of our experts near you and solidify your plans.
The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.