Tony Talks Wealth Podcast

How Much Do I Need To Save To Retire Comfortably ?


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Tony covers the questions you need to ask and the products and services you need to be aware of to provide the finances you need to live your best life in retirement. This requires a lot of information about you, your family and what your needs are likely to be when you retire, along with the sort of lifestyle you envision for yourself when the time arrives. 

 

KEY TAKEAWAYS

  • What will your life look like after retirement? Are you planning to scale back on your spending or will you need more to provide for the freedom and experiences you hope to enjoy? 
  • How much am I currently saving towards retirement?
  • How would my daily life change on a smaller income?
  • How long does my money need to last in retirement? You will need to take into account your retirement age and life expectancy.

       

BEST MOMENTS

‘It's hard to know exactly how much you need in later life, because everyone has different circumstances and different expectations.'

‘Saving early means your money is invested for longer and has more time to grow and any returns your savings make are also reinvested and have a chance to grow as well.'

‘Your expenses will likely decrease as you retire. If it's only necessary to pay for the essentials such as housing, food and utilities you may be able to spend more or spend time on things that make you happy.'

 

VALUABLE RESOURCES

Pension calculator - Pension Calculator | TT Wealth | Pension Specialist, Cardiff

Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth  
Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth  

 

ABOUT THE HOST

Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.  

“Live For Today, Invest For Tomorrow”

 

CONTACT

Tony's official website: https://ttwealth.co.uk/
Facebook: https://www.facebook.com/TonyThomas.IFA/
LinkedIn: https://www.linkedin.com/in/tonythomas2/

This show was brought to you by Progressive Media


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Tony Talks Wealth PodcastBy Tony Thomas

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