When do I need to make decisions for my retirement?
Retirement is often a stressful thought for many people, especially when it comes to planning financially how to survive but if you are considering retirement then annuities and pension planning is perhaps a consideration that you will be wanting to look at sooner rather than later. In many situations, considering an annuity may seem like an overwhelming experience but taking the time to sit down and work through it can go a long way to ensuring that you make the right decision.
There are a lot of annuity and pension options on the market, depending on your circumstances and your individual situation and as such you might want to take the time to really shop around and try to find an option that best suits you.
Who can help me with my retirement planning?
Retirement planning may seem like a somewhat overwhelming experience but it doesn’t always have to be that way. If you are looking for advice then you could see the help of an annuity or pension provider, but what it’s important to remember is that you don’t have to stick with the existing provider who you have already run your pension through – and therefore you might choose to shop around for the type of pension advice and annuity planning advice that you are looking for.
Why should I shop around and look at different annuity options?
The annuity market is big business and as such there is a vast range of annuity options available to you. Shopping around to find the best annuity provider can save you a great deal of money down the line as it allows you to find a solution which is tailored to your needs and in some cases it can provide you with an annuity income of up to 40% more than what you would traditionally expect.
In addition, if you suffer from any long term health and medical conditions then you could be eligible for an enhanced annuity or another annuity option which could be of benefit to you – thereby providing you with a higher annuity income as you have a lower life expectancy.