End to a challenging week

What an end to a challenging week!  Just when you think you’re making headway, an earthquake, plus Tsunami comes and rocks your foundations. Hard times, pensions, ongoing troubles in the Middle East We’re still tiptoe-ing around pension issues. The fact that it’s high on the government’s agenda means we ought to give it some thought.  We’ll be working till we’re 90 at this rate to cover boom and bust, credit crunch and hard times.  Libya is still ongoing.  And while we are preoccupied with trouble abroad, our challenges at home keep mounting up. If we cut back anymore, we’ll be down to the marrow.  A line must be drawn. Is more money the answer and, if so, how do you find it? There are ways of drawing down pensions now which could help you out of a jam.  But remember when you reach pensionable age, you still need to know how you’ll cope on less money.  According to ‘think tank’ research, when you retire, the only money you’ll need would be for food and warmth.  A couple of cruises is more like it, and of course, island hopping in the sun. Pension protected buy to let deals are still a sure bet for financial security.  Besides it being an investment, the rental will eventually provide an income.  It’s worth checking out.  But there could be pension policies from old workplaces where you paid money in for years that were frozen. De-clutter tip So this weekend’s de-clutter tip is challenging.  Make a list of every company you’ve ever worked for.  Did they have a pension fund?  Or did you start a private pension but stopped contributing? If you’re much, much younger than 50, you might consider putting aside regular money to build up something for the future. Could you use some sound pension advice? Give us a call.  We’ll help you construct a plan.  We deal with mortgages, remortgaging, pension release advice, buy to let nightmares, credit card, debt solutions and coaching.  Challenging as it might be, get started!

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Regards

Saleah

saleah@moneyworkshops.co.uk
http://www.moneyworkshops.co.uk/