In this podcast episode, I talk about how much we need to plan for our upcoming retirement.
The state pension will fall short in providing a comfortable lifestyle into retirement so what action should we take to bolster our funds now?
Key Takeaways
Review your finances sooner rather than later to assure your future income.
Track down your pensions to be sure you are claiming everything you are entitled to in retirement. Find out when you can draw from those pensions.
How much is your pension worth? Your pension provider should give you a yearly assessment.
Get a state pension forecast.
Get investment advice. You may need to alter your plans close to retirement. Check your investment values.
How will you access your pension? Will you take an income, cash in, or reinvest?
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