Since the decision to leave the EU two million people are now planning to amend their current retirement plans. The challenge for retirees now is to know what is right for them, seeking professional and regulated guidance could help to make retirement decisions. It is important to understand what options are available. For instance a fixed-term annuity promises an income over a determined period of time without tying someone in for life. Waiting to see how the economy reacts to the changes is also another option. Around 30% of people are delaying their decisions before changing any plans to see how the economy pans out. Checking the current situation for your state pension, and also considering different products can help you to strategize your retirement plans in these rather uncertain times.
