Retiring from paid work is a major life transition. Retirement planning is a term that refers to the allocation of financial resources towards retirement. In most cases this simply means setting aside money or other similar assets for the purposes of being financially independent once you have retired from the workforce. This process is one that can take time and expertise and should start as soon as possible during your working career.
Planning is essential to set retirement lifestyle goals and also the age which you hope to retire. Attainment of your optimum result will involve a flexible and regularly reviewed strategy which can be adjusted to react to changed circumstances and the global financial environment.
For more information contact Trevor Stirling Dip(financial Planning) Authorised Representative 238665