After spending 40 odd years at work you would think you would’ve paid in enough to your pension to live a comfortable and happy retirement. Yet for millions of people this is just a dream, as poor financial management may have led to them retiring with just a pittance left to live on. This is the reality facing many people today and in future years. Being able to jet off around the world and live your retirement to the full is a thing of the past — or is it? One way that all of this may still be possible is to look at your home rather than your pension as the means of an income in retirement.
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Tag: pension plan
Making the Most of Retirement thanks to Equity Release
People are living longer these days. The average life expectancy has shot up in recent times and compared to figures from a generation ago, people are experiencing retirements that last well over twenty years, meaning a significant proportion of your life could well be spent not working and looking to live life to the max. …
Women’s Pensions Falling Short of Male Counterparts
A recent Prudential survey says that women retiring this year will be living on an average pension of £234 a week, which falls two-thirds short of that of their male counterparts. This figure has dropped by 11% on that produced by the same survey last year, whilst the figure for men has only dropped by …