Taking care of yourself during retirement

Women retirement financial planningI have been in the financial services industry for a number of years now, and have encountered many different people, from all walks of life. Naturally, I have a few tales to tell. One particular encounter will remain with me forever. It was not a happy one.

I remember visiting an 85-year-old who had worked as a teacher. Her sole asset was her home in a rundown part of Goodwood. To make ends meet, she had sold her refrigerator, and on her kitchen counter was a tin of dog food. Continue reading

Deadline for New Retirement Annuity Contributions Looms

retirement-annuityIt’s tax time, which means it is also retirement-annuity season.  As an investor in a retirement annuity (RA), you’re able to make ad-hoc additional payments into your funds annually, and with the deadline looming the time to top up is now.

The closing date for topping up your RA is 28 February and you should ideally let your financial advisor know a few working days before that date in order to allow for admin processing. Specialising in financial planning services Northwood will ensure that you have the most favourable RA to suit your needs. Continue reading

Retirement Annuity Tax Benefits? The Deadline Looms

retirement-annuity-benefitsInvesting in a retirement annuity fund is not only a fantastic way to ensure your own long term financial future but can also, ultimately, save you money today through the various tax benefits it affords.

On the 28 February of 2015, the deadline for submitting your retirement annuity form in order to get tax benefits passes.  This means that, even if you have contributed to your retirement annuity fund, you will be ineligible for the tax benefits available if you do not meet the deadline. Continue reading

The Answer to Easy Retirement

easy-retirementAre you looking forward to a stress-free retirement with a comfortable income and the freedom to enjoy your life, or are you worried that your retirement portfolio just won’t be large enough to carry you through old age?

We all want an easy retirement – the best reward for decades of hard work and careful planning – but what is the secret to retiring comfortably? Is there something that people who retire comfortably do differently than the rest of us, or are they just lucky? Let’s find out. Continue reading

Drawing up a Retirement Inventory

retirement-inventoryAfter years of hard work, every working person looks forward to a comfortable retirement – with freedom from money worries and all the time in the world to travel, enjoy the finer things in life, and spend precious time with friends and loved ones.

The only thing standing in the way of a pleasant retirement is a lack of money, and the best way to prevent financial strain when you stop working is by drawing up a retirement inventory – let’s find out how. Continue reading

Retirement: What Kind of Life Do You Expect to Have?

retirement optionsAre you planning to spend your retirement living a life of leisure, or will you use your spare time and financial independence to help raise your grandchildren or volunteer in your local community?

The things you choose to do after you stop working play a big part in your retirement age and the amount of capital you’ll need – let’s explore your vision for retirement and find out how it will impact your financial planning. Continue reading

What is Your Vision for Retirement?

retirementWhether you’d like a permanent break from the rat race or a stable income during your golden years, having a solid vision for your retirement is an important first step in planning your long-term investment goals.

In this article we look at some of the things your retirement vision might contain, and find out how they will affect your investment strategy. Continue reading