Managing your finances as you approach retirement

How using the Tumble Dryer can impact your retirement plans? Choosing when to retire is a complex decision at the best of times, however the recent cost of living crisis has made many who are thinking of retiring in the next couple years reassess their plans, especially as some may feel they cannot manage their pension contributions in the run up to their retirement. Understanding your finances and how you can maximise your money through these turbulent times can help you maintain and build on your retirement plans and therefore give you confidence you will have the desired lifestyle you want in retirement. E.g. did you know that if you use your tumble dryer twice a day over the winter you could be paying £1.48 per day on this alone. By reducing the amount of electricity, you use, the extra savings could be used on other finances, such as your retirement. Therefore, if you are responsible for helping your company’s employees in understanding their retirement planning or if you are responsible for offering financial education within your company the “Managing your finances as you approach retirement’ taster session will provide an insight into how your employees can manage their finances leading up to and into retirement during challenging times , which in turn will enable them to make better retirement decisions. So if you think this type of education could help your employees, then please book onto one of our Taster Sessions Changes and see how our “Retirement Matters service can support you.