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Life after work

In Brief: Life after work

Tuesday, 24 September 2019

When planning for retirement the earlier we begin to start investing, and saving the better off we could be. Life expectancy, and living costs overtime might rise which means some could be at risk of running out of their pension income. Some steps could be taken to help eventually increase retirement savings such as: continuing to build your retirement pot, setting goals to reach, understanding the level of risk you are happy with, the length of any investment (short, medium and longer term), monitoring inflation, making sure your savings are affordable and diversifying your portfolio. Seeking professional financial advice could help you to plan for retirement.

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Please be aware these articles are for general information purposes only and correct at time of printing. We will not accept responsibility for any errors made or actions taken by any readers that have acted on the information contained. Answers given are for guidance only and specific advice should be taken before acting on any of the suggestions made. All information is based on our understanding of current tax practices, which are subject to change. Always remember when investing, past performance is not necessarily a guide to future performance and the value of some investment units can fall as well as rise.