Setting Up An Easy Route To Retirement

With the rising costs of living affecting every aspect of almost everyone's finances, there's no time like the present to start considering your retirement plans.

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The state pension age is constantly under review to account for costs and changing life expectancy. The age increased to 66 only in 2021 and is expected to rise to 68 between 2044 and 2046. However, earlier this year, the Government announced plans to bring the timetable forward so it will become 68 between 2037 and 2039.Although this means a longer wait for a lot of people, it gives greater reason to start contributing to private pension schemes and focus on a retirement strategy.

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Read our latest Active Practice Update for guidance on Retirement Planning apu-retirement-dec22

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If you would like to discuss in more detail any of the issues raised in this article with a member of our team, please call 01772 741200.