{"id":675,"date":"2021-06-11T10:03:59","date_gmt":"2021-06-11T09:03:59","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/tomd\/?p=675"},"modified":"2021-06-25T10:05:50","modified_gmt":"2021-06-25T09:05:50","slug":"tips-for-a-smooth-retirement","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/tomd\/2021\/06\/11\/tips-for-a-smooth-retirement\/","title":{"rendered":"Tips for a smooth retirement"},"content":{"rendered":"
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Whether 2021 is the year you\u2019ve earmarked for your retirement or, due to the pandemic, you\u2019ve decided to retire earlier than intended, it\u2019s not too late to get your plans in place.<\/strong><\/p>\n<\/div>\n\n

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Organisation is key to ensuring your retirement goes smoothly, even if it still seems a long way off, and we\u2019re here to help you get your finances on track. After all, retirement should be a time to look forward to and not overshadowed by financial concerns.<\/p>\n<\/div>\n\n

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The following steps should help you get started:<\/strong><\/p>\n<\/div>\n\n

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\u2022 Get a State Pension forecast<\/strong><\/p>\n<\/div>\n\n

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This will show you how much State Pension you\u2019ll get and when you\u2019ll receive it, visit www.gov.uk\/check-state-pension<\/a><\/p>\n<\/div>\n\n

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\u2022 Value all pensions<\/strong><\/p>\n<\/div>\n\n

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Check your annual statements to find out how much your workplace or private pensions are worth<\/p>\n<\/div>\n\n

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\u2022 Locate any lost pensions<\/strong><\/p>\n<\/div>\n\n

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If you\u2019re unable to find important information related to previous pensions, the government\u2019s free Pension Tracing Service can help you locate the necessary details<\/p>\n<\/div>\n\n

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\u2022 Quantify savings, investments and debts<\/strong><\/p>\n<\/div>\n\n

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Establish exactly how much you have in savings and investments, such as ISAs or property, to boost your retirement income. Prioritise paying down debts so that you start your retirement debt-free<\/p>\n<\/div>\n\n

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\u2022 Consider how much you need in retirement<\/strong><\/p>\n<\/div>\n\n

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We can help quantify your expected income to ensure you can afford day-to-day living costs, as well as some luxuries such as holidays. We\u2019ll also take into account that your income requirements could change over time<\/p>\n<\/div>\n\n

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\u2022 Be scam savvy<\/strong><\/p>\n<\/div>\n\n

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Pension scams are on the rise, so watch out for schemes encouraging you to transfer money from your pension to another investment or access your pension early<\/p>\n<\/div>\n\n

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\u2022 Seek advice<\/strong><\/p>\n<\/div>\n\n

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Financial advice can be particularly valuable at a time of uncertainty. We can help make the big decisions at retirement easier by showing you all of your options and giving you the confidence that you\u2019re making the right choices for your future.<\/u><\/strong><\/p>\n<\/div>\n\n

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The value of investments and income from them may go down. You may not get back the original amount invested. A pension is a long-term investment. The fund value may fluctuate and can go down. Your eventual income may depend on the size of the fund at retirement, future interest rates and tax legislation.<\/em><\/strong><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Whether 2021 is the year you\u2019ve earmarked for your retirement or, due to the pandemic, you\u2019ve decided to retire earlier than intended, it\u2019s not too late to get your plans in place. Organisation is key to ensuring your retirement goes smoothly, even if it still seems a long way off, and we\u2019re here to help […]<\/p>\n","protected":false},"author":12,"featured_media":676,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,88],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/675"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/comments?post=675"}],"version-history":[{"count":1,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/675\/revisions"}],"predecessor-version":[{"id":677,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/675\/revisions\/677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media\/676"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media?parent=675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/categories?post=675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/tags?post=675"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/hd_content_source?post=675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}