Funding for your retirement is important, more people are living longer however retiring on smaller pension pots which will not last forever. However many people find it difficult to fund for their retirement or just simply do not know where to start in doing so. We at Hutt Professional have financial advisers with many years of experience in giving independent pension advice who would be able to help you by giving advice on the best options for your retirement but on also the best way for your personal circumstance on how to save for it as well.

Figures show that a third(32%) of retirees now live on less than the minimum wage, yet more than two thirds(68%) have untapped pr0perty wealth which they may not have even considered or don’t realise they could be accessing to fund a more comfortable lifestyle.

Two in five of those aged 65 and over (42%) – 4.8 million pensioners[3] – have ‘gone without’ due to tight budgets according to LV=. These pensioners sacrifice items such as holidays abroad (25%), a new car (16%) or dining out (15%), and one in twenty (5%) can’t afford to buy birthday and Christmas presents for friends and family. Regionally, retirees in the South West and East of England are most likely to go without, with those in Wales (5%) and Scotland (5%) most likely to find it a struggle to keep up with their utility payments.

 

If you wish to seek independent financial advice on funding for your retirement and the best way to do this for your personal circumstances, we at Hutt Professional have financial advisers with many years of experience offering independent pension advice. If you are located in Leamington Spa or surrounding areas please do not hesitate to contact us as we would be more than happy to appoint you with the correct independent financial adviser for yourself.