Retirement may seem a long way away, but before you know it that time will be just around the corner, be prepared well in advance. It is not something to start planning in your 60’s it needs to be planned at least a decade before. Planning ahead is a vital thing in the years moving towards that big transition in your life, it may not seem important in your mid-life years, but it certainly is if you want to ensure you have your ‘ENOUGH’ for that time in your life, bearing in mind that statistics show that we are living longer.
Have the conversation with your partner about what you both would like your retirement to look like just so that you are both on the same page. Don’t forget we know what you are retiring from, but what are you retiring to?
Here at Hartcliff we can sit down and talk about your goals and aspirations for your later in life years, we can do some careful planning and work on a cash flow plan that will show how much you need to save now for those retirement years to give you the lifestyle you would like and the peace of mind to go into the transition feeling comfortable with what your financial situation will be.
Planning for your retirement can start with a few small steps:
Your financial situation will inevitably change, your income will probably be less than when you were working, worrying about if you will have ‘enough’ to retire does not have to be as big a worry as you think if you put the right planning in to place. It might be that your transition into retirement is a gentle one, taking less hours at work before finally retiring. It might be changing jobs into a part time post with less stresses, there are lots of ways to go into retirement gently.
When you finally make the decision to hang up your hat on your working life, it is important to fill your time wisely, no one wants to be bored and to feel worthless. Engage in community groups, make an effort to grow your social life, take up more physical activity, you can join various groups to meet new friends, take up new hobbies. It is important to find a sense of purpose, develop a schedule, focus on wellbeing, but most of all have fun and enjoy this new found freedom that allows you to do what you want, when you want with whom you want. It isn’t all about catching up on all those box sets that you haven’t seen or polishing golf clubs ready for action, it is what you make it, so start now by preparing so that you have that peace of mind that you will be able to fulfil your retirement dreams.
HOWEVER YOU SEE YOUR RETIREMENT IT ALL STARTS WITH A CONVERSATION, SO IF YOU FEEL YOU REQUIRE SOME ADDITIONAL GUIDANCE AT THIS STAGE. AT HARTCLIFF WE ARE MORE THAN HAPPY TO PROVIDE AN INITIAL TELEPHONE CONVERSATION AT OUR COST (APPROX 30MINS) TO HELP YOU TO CONSIDER YOUR OPTIONS AND YOUR NEXT STEP FORWARD.
Call us on 01226 446 135 or Email:firstname.lastname@example.org
A pension is a long-term investment not normally accessible until age 55. The fund value may fluctuate and can go down, which would have an impact on the level of pension benefits available. Past performance is not a reliable indicator of future performance.
If you feel you require some additional guidance at this stage, at Hartcliff we are more than happy to provide an initial telephone conversation at our cost (approx 30mins) to help you to consider your options and your next step forward.
Hartcliff is a trading name of Hartcliff Limited, which is a limited company registered in England & Wales
No. 09321837 Registered Office: Marland House, 13 Huddersfield Road, Barnsley, S70 2LW
Hartcliff Limited is an appointed representative of Sense Network Limited, which is authorised and regulated by the Financial Conduct Authority
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