Are you confident your current pensions arrangements will give you enough money to retire on? Did you know you can easily change those arrangements? Do you know how to build a portfolio that”s affordable and will give you a good return without having to worry about getting your fingers burnt?
If you”re like most people your savings are invested in stocks and shares that are currently providing a very poor return for you. You may be due to retire within the next 10 years and wondering whether your pension fund is going to provide enough income for you to retire comfortably.
Or you may already be retired and feeling the pinch as your income fails to keep pace with inflation. Even if you’re only in your 30s or 40s and retirement seems like a distant prospect, you”re probably still worried about the ongoing turmoil in the financial markets, the uncertainty about future returns and the fact that pension funds aren’t growing.
You’re right to be worried. The fact is that due to a combination of poor fund management, high charges, rampant inflation and the havoc wreaked by the meltdown in global financial markets many people now face the prospect of having to continue to work well beyond the normal retirement age if they want to live out their old age in a degree of comfort and financial security. If you don’t want to be one of them you need to act now and the best place to start is reviewing your investments.