Thinking about the future is something we all do all the time, whether we realise it or not. But how much time do we spend actually planning for it? It’s no great secret that the vast majority of people start thinking about their retirement when they are almost upon it.
Like most important events or journeys, preparing for your retirement after a lifetime of working will require a careful plan. There are various income options available often with very different tax implications. And we just don’t mean financially. There are practical and emotional issues to consider too.
But getting your investments on track, considering the tax implications and giving thought to the most appropriate options for taking a retirement income should put you in the best financial position for your retirement.