Wednesday, 26 June 2013

Making sure you have enough money to retire on...


At Enable Independent we strongly believe that a flexible approach to life planning can enable you to work around economical and personal changes. This includes making sure that you have enough money to live on when you retire.

A new survey by LV (a large UK insurance broker) stated that men and women in retirement who have an income of £154 per week, are left with only £8 per week after essential living costs. They have also predicted that this situation will only get worse as the people over 50 find it harder to pay into pensions because of the rise in the cost of living. They have also estimated that £2.3 has already been lost in retirement savings as the over 50 continue to reduce their contributions.

They claim pensioners feel as though they are only left with what amounts to pocket money each week. This has forced millions of over 50’s to really rethink their retirement plans including working much longer than previously expected, 27% of over 50’s currently have no retirement plans in place.

If you are over 50 and are worried about your retirement plans, then give one of our IFAs a call and we will be able to give you impartial advice on how you can plan your retirement, and investments and possibilities that could help you to save for a securer future. 

Issued by: Enable Independent Financial Life Planners
 25c North Street, Bishops Stortford, Herts CM23 2LD
Telephone: 01279 755950 - Fax: 01279 657339
Enable Independent Financial Life Planners is a trading style of Enable Independent Limited is authorised and regulated by the Financial Conduct Authority.
It is important always to seek independent financial advice before making any decision regarding your finances. If you would like any assistance, please contact us.
NOTHING CONTAINED IN THE ARTICLES SHOULD BE CONSIDERED AS GIVING INDIVIDUAL FINANCIAL ADVICE. 

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