Stocks & Investing
Stocks and Investing
Stocks and Investing
Mon, November 25, 2024
[ 06:31 PM ] - United States, Thomas Matters
[ 06:31 PM ] - United States, Thomas Matters
[ 05:33 PM ] - United States, Thomas Matters
[ 05:33 PM ] - United States, Thomas Matters
[ 05:33 PM ] - United States, Thomas Matters
[ 05:33 PM ] - United States, Thomas Matters
[ 05:32 PM ] - United States, Thomas Matters
[ 05:32 PM ] - United States, Thomas Matters
[ 04:35 PM ] - United States, Thomas Matters
[ 04:34 PM ] - United States, Thomas Matters
[ 04:34 PM ] - United States, Thomas Matters
[ 04:34 PM ] - United States, Thomas Matters
[ 04:34 PM ] - United States, Thomas Matters
[ 04:34 PM ] - United States, Thomas Matters
[ 04:33 PM ] - United States, Thomas Matters
[ 04:33 PM ] - United States, Thomas Matters
[ 12:51 PM ] - United States, Thomas Matters
[ 12:51 PM ] - United States, Thomas Matters
[ 12:51 PM ] - United States, Thomas Matters
[ 12:50 PM ] - United States, Thomas Matters
[ 12:50 PM ] - United States, Thomas Matters
[ 12:50 PM ] - United States, Thomas Matters
'How can we maintain our lifestyle in retirement?'
- "We want to enjoy retirement. We are recently married and love to travel. Our aim is to be comfortable in retirement and to continue to go abroad once or twice a year to places like Dubai. We also love weekends in London, and visiting family," says Akinshegun-Impey. "I have children and want to be able to help them too."
The article from The Telegraph discusses various strategies for achieving a comfortable retirement income. It emphasizes the importance of setting a clear retirement goal, considering factors like desired lifestyle, inflation, and potential healthcare costs. Key points include the need to start saving early to benefit from compound interest, diversifying investments across different asset classes like stocks, bonds, and property to manage risk, and considering annuities for a guaranteed income stream. The article also highlights the role of pensions, particularly the benefits of contributing to a workplace pension for tax relief and employer contributions. It advises on the potential of drawdown schemes which allow flexibility in how much income to take from investments, and stresses the importance of regularly reviewing and adjusting one's investment strategy as circumstances change. Lastly, it touches on the psychological aspect of retirement planning, suggesting that one should also plan for meaningful activities to ensure a fulfilling retirement.
Read the Full The Daily Telegraph Article at [ https://www.telegraph.co.uk/money/investing/ways-to-invest/retirement-income-goal/ ]
Read the Full The Daily Telegraph Article at [ https://www.telegraph.co.uk/money/investing/ways-to-invest/retirement-income-goal/ ]
