There used to be something frustrating about a large pension pot. You might have had ample funds, but the only way you could access them was through an annuity.
Whether you wanted a holiday of a lifetime, or simply to pay off the mortgage, the money you had spent so long building up was simply not available.
If you have owned your own home for any length of time, it has probably proved a very rewarding investment, and for most people represents a substantial store of wealth.
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The closer retirement is, the more important it is to have a clear idea of exactly how much is in your pension pot. It is essential to be prepared for any shortfalls while you still have time to find ways to deal with them.
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Most of us have plans for retirement. We might want to taking things a little […]
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Many of us will need the support of a care home in our final years. […]
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