Providing for Your Future

Planning for your retirement is something everybody should be on top of. When you work as an employee, your employer will often manage a workplace pension and you may have to do little more than tick a box to join. Monthly payments are deducted automatically and this continues unless you opt out.

If you work for yourself, you’re responsible for your pension.

But have no fear with some planning, you can ensure you’re just as well prepared as your employed peers. And in any case, the age of generous ‘gold-plated’ employee final salary pension schemes which guarantee an inflation-proof income have become more scarce in recent years.

And with the no income ceiling, you may well find it much easier to build up the pension pot you need for a comfortable retirement.

It is estimated that nearly half of the population are not well prepared financially for their retirement. Just half of employees approaching the end of their working lives believe their expected income will enable them to have comfortable retirement.

The message from pension professionals is simple – try to start saving as much as you can as early as possible in order to ensure you have a comfortable retirement income. One of the reasons for joining Lifestyle Leaders may be to earn additional income for now and your future.

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