There are few issues that are more misunderstood than that of the necessary requirement to plan for retirement and yet at its heart it is quite straightforward.
At some point in the future you will either wish, or be forced, to stop work. At that point will you more than likely want to have put aside a sufficient amount of money to be able to replace all, or a portion of, your lost income.
It is the calculation of the amount of money that you would consider sufficient that causes most concern. How much is enough? What are your options? Should you buy an annuity or opt for another form of income?
There are many elements to take into consideration and many movable factors involved.
The Team at Clifton Wealth have many years’ experience in Retirement Planning and have a practical and straightforward approach.