This step will represent a major life change that can be highly stressful, particularly if you are unprepared for it.  However, it should be a stage in your life to embrace and look forward to.

The number of years a woman lives in retirement is much longer than men, and according to research*, this can be as much as eight years or more. This could mean you could have 20 or 30 years of leisure time to fill - almost as many years as you spent working!  So it is vital to plan for this well in advance so you can maintain your desired lifestyle in retirement.  Furthermore, the average person wants to retire on 60% to 75% of the income they have enjoyed throughout their working lives.  It is therefore important that ahead of your retirement you look very carefully at your finances and put in place a plan to ensure that you are financially free to enjoy your retirement.

Matters you will wish to consider at this time are investments, pension planning, inheritance tax planning, and financial planning for your children and/or grandchildren, reviewing your will, and reviewing your mortgage for retirement. We can help at this important time for you.

Request a Free Financial Review from one of our advisers today

Our stages include

Stage 1: Full-Time Education
Stage 2: Settling into a Career
Stage 3: Relationships and Family
Stage 4: Returning to Work
Stage 6: In Retirement

* Source: Independent Women specially commissioned research study, Mori, 2006