Test Trial Your Retirement Pension Income
Published / Last Updated on 27/03/2018
A simple pre-retirement tip, actually 'borrowed' from a friend of the directors. Test trial and live as if you have already retired. Work out your projected pension income, subsistence living expenses and leisure expenses in retirement, and live on those amounts before you retire. Can you afford to live on that amount? Do you need to make cutbacks? Do you need to save more or invest more in pensions?
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