Networth
How long will your pension last when you retire?
- Published: 10 Mar 2013 at 00.00
- Newspaper section: Spectrum
We tend to assume that current realities will remain unchanged, yet the only constant is change. Are you comfortable today with what you have, based on current cost of living, exchange rates, inflation and investments? Will your pension last in retirement?
Experience shows that these factors are highly variable. Have you seriously thought about these realities, or are you hiding your head in the sand?
The recent "Net Worth" column on the state pension overhaul in the UK received a lot of feedback. While many British expats were interested in the impact that these changes may have on them, it also sparked discussion on retirement planning in general. What are the best ways to successfully combine accrued pensions with other savings and investments to create a secure future for you and your family.
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