Dreaming of early retirement?

Enable’s independent Financial Advisors in Bishops Stortford often find themselves chatting to people about the possibility of early retirement. In your twenties and thirties it is easier to ignore retirement planning, but in your forties and fifties the daily grind can feel more and more just that. Enables IFA’s often hear people say they want to enjoy life “while they still have all their own teeth”. People want to travel the world, when they are healthy and in the prime of life, visiting those hard-to-pronounce countries they’ve always talked about and sampling the finest local fare.

Surveys show that more than half of workers between the ages of 30 and 50 plan to retire before they're 60 but there's only one problem with this wishful thinking: Retiring early is easy, but making your money last is hard. Enable ‘s IFA’s know the problem with saving up for early retirement is that we tend not to think beyond those first few glorious years of good health and full bank accounts -- we don't do the long-term thinking. If the average male life expectancy is 75.2 and we retire at 55, then our savings and investments need to last for 20 years.

And what if we live even longer than average? Life can get more difficult during those last five or 10 years -- not to mention the ever-increasing costs of care. Enables IFA’s in Bishops’ Stortford can help bring an edge or reality to your retirement dreams.

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.