Retirement Planning - It’s Never too Late

Tip! Of course the earlier you start your process of retirement planning the better but even if you do not have a long time left to save for your retirement you should still consider retirement planning. Recently there have been many changes to the charging structures applied by the Pension Providers.

Retirement Planning - you’re never too old.

With retirement pensions reduced, ageism being outlawed, skills shortages, will there be a renaissance for the older worker? There are loads of opportunities for retirement jobs.

Crafts men, plumbers, carpenters, builders, interim managers, consultants, coaches, mentors, there is an ever growing list of opportunities. More and more people are starting to see that retirement is not a must. They are setting self employed employment plans and ‘going for it’. Great!

Age is a serious business. Growing old is better than the alternative but increases in life expectancy have to be paid for. It seems without longer working lives and later retirement that many could face a miserable future. Retirement jobs may be an opportunity for the older worker now but may also be an issue for the not so old, who will need to plan for eventual retirement.

Tip! This is usually appropriate to those who start their retirement planning early, generally those who are 20 years old at the least.

In the UK only 28% of those aged 60 are in any kind of employment. 40% of people who retired early felt they were pushed and would rather work. There is good news, and opportunity.

It is forecast that in the next 20 years the number of workers aged 20 to 29 will reduce by 20% while the number of workers aged between 50 and 64 will increase by 25%. This change is being driven by reductions in the birth rate and greater longevity.

What does this mean for everyone regardless of age?

OPPORTUNITIES! Huge OPPORTUNITY!

All trades craft, plumbers, carpenters, builders, interim managers, consultants, coaches, mentors, secretaries, innovative online businesses, there is an ever growing list of opportunities. More and more people are starting to see that retirement is not a must. They are setting self employed employment plans and ‘going for it’. Great!

Recent research has revealed that the over 55’s are the most likely to come up with new ideas on a daily basis. I have long contended that we are the people who still have a contribution to make provide we adopt the right mind set. Yes I’m a silver head.

Tip! However, early retirement planning is not an easy process. As the word

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