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Category

😹
Fun
Transcript
00:00I spend a lot of time helping people to organize their finances as they enter retirement.
00:05Everything changes when your income stops, and now you have to draw what you need to top up your state pension or other income sources.
00:13Draw what you need from the finite pot of money that you've built up.
00:16Two things to consider here.
00:18Firstly, our views on the big factors around retirement will change as we grow older.
00:23For example, you might be happy to manage investments and drawdown rates and all that good stuff at age 60,
00:28but will you still want to or be able to at age 80?
00:31How about age 90? Maybe, maybe not.
00:34Secondly, we need to be mindful that we might need to change our views, and yes, even accept help from others as we grow older.
00:41Anything we can do to make that process simpler for those helping us obviously makes sense to do.
00:45Now I covered the five factors that you should take into account when planning your retirement finances in another short,
00:51which I've linked to in the pinned comment just over here.
00:54I'll see you over there.
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