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Old Royle: Planning for tomorrow today

Retirement Planning is a complex area which means different things to different people.

  • Old Royle: Planning for tomorrow today
How you plan for retirement can be wide and varied, but it must be planned for well in advance. A couple of questions to ask yourself are: how do you want retirement to look? or how do you not want retirement to look?.

Whether you have an existing pension that you wish to review, or you’re looking to set up financial plans for retirement, the importance of a good retirement plan cannot be overstated. Whilst many in the country will receive a state pension, changes to the scheme have pushed back the age of retirement for men and women. For those hoping to retire earlier, a detailed and effective retirement plan is vital. While you may accrue a basic state pension throughout the course of your working life, in many cases this is far less than the amount most people would be comfortable living on.

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