Women are significantly underestimating their reliance on the state pension before retirement, new research from Aegon has revealed. https://lnkd.in/eYJyYQhe
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Did you know 8 in 10 working adults aren’t sure where all their pension pots are? Research from Vivan Shridharani, Co-Founder of Raindrop, reveals a growing pension crisis in the UK. 💰 With over £31 billion in lost pension pots, millions are at risk of delaying retirement or giving up their dream lifestyle. ➡️ Discover how Raindrop’s innovative technology has already reunited savers with £350m in lost pensions. Could you be missing out too? 🔍 How confident are you about your pension savings? 📖 Read the full article and take control of your retirement future today 📌 https://lnkd.in/dKmrmEYM #PensionSavings #RetirementPlanning #LostPensionPots #FinancialWellbeing
Almost all workers don’t know where all their pension pots are
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Giving people the opportunity to understand ways to save money, learn about budgeting and how to boost savings and prepare for retirement can make a huge difference to their finances
More employees fear they won’t be able to afford retirement
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67% of Canadians aged 28 to 44 are concerned they won’t have enough saved for retirement... Employers can help by offering employees tools and resources for retirement while highlighting the lifetime security of pensions. Financially secure employees are more engaged and committed to their workforce—a true win for everyone. Read the full article here: https://lnkd.in/dGYB9xqy #EmployeeWellbeing #PensionPlans #TotalRewards
Majority of millennials are afraid they won’t have enough money in retirement — here's what they need to know
financialpost.com
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You might have read on BBC News today, 'A single person will need £31,300 a year for a moderate income in retirement, according to a pensions industry body.' Inevitably, individuals will look to their financial planners for answers....'Will I run out of money? Can I afford to help out the children? How are the markets affecting my pension?' At Partners Wealth Management we address these problems using a providers Retirement Income Solution, which gives clients the confidence they need in retirement. #retirement #independentfinancialadvice
Pension income needed to retire jumps as family costs rise
bbc.co.uk
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Pension plans used to reign supreme as the primary source of income for retirees, but the establishment of the 401k flipped this on its head. How are you preparing for the transition from accumulation to distribution? #retirementplanning
Building Your Own Pension
lonetreewealth.com
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The state pension age changes have wreaked havoc on people's pension plans. According to recent figures, men and women are now retiring at the highest rate since the 80s. The figures show that they are retiring at 65 and 64 years old, respectively, which begs the question of how old will be too old to work in the future? Find out more: https://heyor.ca/SEd5ZY #Pension #PensionAge #StatePension
State pension age changes mean people born by certain date will work longer
examinerlive.co.uk
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Ted Benna is often hailed as the mastermind behind the 401k, but he continues to make it clear that its original purpose was to complement rather than replace pensions. Please read below to learn how LoneTree encourages clients to embrace the concept of 'building your own pension.'
Pension plans used to reign supreme as the primary source of income for retirees, but the establishment of the 401k flipped this on its head. How are you preparing for the transition from accumulation to distribution? #retirementplanning
Building Your Own Pension
lonetreewealth.com
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Did you know that women between 60-65 years have pension pots that are, on average, worth just over half (57%) the value of men's pensions at the same age? 🪙 As a woman, you might be wondering how you can enjoy the retirement lifestyle you want with a smaller pension than your male counterparts. 😥 Luckily, there are steps you can take to get your pension pot on a par with men's. Click the link below to find out more. 👇
Getting women's pension pots equal to men’s - Alice Douglass
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While Pension Freedoms offer greater flexibility, most people are not financial experts, which can result to poor retirement outcomes. Also, with annuity rates back in favour, wide variations in annuity deals can mean missing out on tens of thousands of pounds over a lifetime without proper guidance or advice. #PensionPotential #retirementplanning #support
Is it too much to expect employees to be able to retire well?
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