Wealth Structuring: Retirement Planning

We a l t h S t r u c t u r i n g :

Retirement Planning

by Dr Edgar Paltzer

Wealth Structuring: Retirement Planning In the simplest terms, retirement planning is easy to understand; it is planning for life after retirement. However, there are multiple aspects of retirement planning to consider and having a strong plan in place can help ensure that you are able to continue in the lifestyle you are accustomed to after you stop working.

Start Early The earlier you start planning your retirement, the longer you have to strategise and ensure you will have enough income to live the life you want. However, even if you start late, it is still better to plan for a few years than not at all.

Identify Income and Expenses Before you start saving, you will need to know how much disposable income you have available to save. This involves looking at your income and expenses both now and in the future.

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Before you start saving, you will need to know how much disposable income you have available to save. This involves looking at your income and expenses both now and in the future.

Choose the Right Investment Vehicles A pension is a good place to start, although there are other investment vehicles that can play a role.

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You can learn more about wealth structuring by visiting the blog of Dr Edgar Paltzer.