How To Boost Your Income In Retirement

How To Boost Your Income In Retirement
Underwater by Julian Cohen. Why?

Ensuring you have enough income in your retirement to meet your needs takes proper planning, whether you’re currently building your pension fund, or whether you’re drawing benefits.

How To Create A Sustainable Income Stream To Fund Your Later Life

Investing For Income In Retirement

In a comprehensive report written by FTAdviser in association with Schroders, entitled ‘Investing For Income In Retirement’, you’ll learn how you can boost your income in retirement, and which strategies might be best for you. 

The report explains how your retirement income strategy can differ, depending on the size on your pension pot.

It includes a video, contributions from major firms like Royal London, AJ Bell, Prudential and Legal & General.  And observations from Asset Management groups and independent financial advisers.

Here’s the Income In Retirement report.

Further Reading On Income In Retirement

Here’s a selection of articles that are well worth a read.

Start Investing At 50, Get A £1m Pension Pot At 67

Not long ago, people in their 50s would be deemed to have left it too late to begin saving for retirement.  Only a lifetime of pension contributions, allied with some investment growth, could produce a large enough pot to produce a viable income in later life, the conventional wisdom went.  Income In Retirement

How To Invest For A 40-Year Retirement

Chances are you’ve been basing your retirement planning - the amount you’re saving, where you plan to live, the lifestyle you intend to fund - on an estimate of how long you will live.  The good news: You probably underestimated.  The bad news?  Same.  Income In Retirement

Pension Providers To Warn Over Drawdown

If you access your pension via a drawdown scheme, your provider may soon recommend an ‘upper limit’ on the income you take.  The new measures are intended to protect pensioners against using up their savings too fast, as many are still in the dark as to the underlying risks of drawdown schemes.  Income In Retirement

‘Pretirement’ The New Norm As Half Of Pensioners Plan To Work Past Retirement Age

According to Prudential, 2018 is the sixth consecutive year in which half of planned retirees will consider working past their State Pension Age.  43 per cent say they enjoy working.  Eight per cent of those hoping to retire in 2018 cannot afford to quit and 47 per cent blame the cost of living.  Income In Retirement

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