mowatt financial Planning

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Mowatt Financial Planning: Financial Planning Week - Retirement

Wednesday, 23 November 2011

Financial Planning Week - Retirement

The survey results today give some worrying indications of retirement planning in the Yorkshire region:

Over half (52%) of people in the Yorkshire region are not confident that they’ve saved enough to live comfortably when they retire, compared to 47% nationally.

Looking ahead to what age the panellists in the region think they will be able to afford to retire, 13% think they will “never” be able to compared to 10% nationally.

Retirement planning is about balancing “jam today” with “jam tomorrow”. Understand the right balance for you – not thinking about it risks jeopardising your future lifestyle and gives you less control on the choices which you have. Retirement is a significant milestone in your life which merits careful planning.

Develop a financial plan to help you get the balance right. This will give you confidence about what you need to do to have the retirement that you want, when you want.

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