Don’t leave it to chance
Whatever stage of life you’ve reached, and whatever your future holds, it’ll probably be better if it’s planned
NONE of us can predict what lies ahead, and the best laid plans can be thwarted by sudden, unexpected events – illness, natural disaster, other people’s actions – and factors beyond our control, such as the economy and political decisions. But planning your own future gives you at least some control over your own destiny, and a degree of security.
For most of us, life is a series of milestones – education, first job, home ownership, marriage, children, increasingly redundancy and second career, almost certainly second marriage or relationship, helping children through all of the above, and a well earned retirement. And more often than not, you can also include providing or caring for elderly parents. Life is eventful.
Coping with all these life stages is made easier with the help of experts who can provide advice and support when it’s needed. This includes financial planning for education, investments, pensions and retirement, property buying and selling, health care, and, importantly, making a will.
It’s a fact that we’re living longer. Most of us can expect to be retired for almost as long as our working life. It sounds great, but retirement isn’t much fun if it involves financial hardship, poor health, inactivity, loneliness and isolation. Living longer is only good if you live well. No wonder we’re being urged to plan for retirement as early as possible.
So, as you approach retirement, start by reviewing your finances to ensure your future income will allow you to enjoy the lifestyle you want. Think about how you’ll stay active and social after you leave work. How’s your health? Can you cope if something happens? Where will you live if you can’t look after your home by yourself? Can your family help? Is this you, or are you now thinking about your own parents’ future?
There are lots of professionals and organisations in Suffolk who can help you plan the future for you and your family.
Plan for the road ahead