Read our latest newsletter – Your Window on #Wealth – including preparing for the longevity megatrend, the importance of avoiding a retirement overspend and a recap of recent key tax changes.
The emotional and financial freedom of #retirement can make it tempting to overspend. Strategic #FinancialPlanning helps manage expenses and ensures your reserves last while supporting your ideal lifestyle.
Key takeaways:
– Overspending in retirement often stems from living costs, housing, travel, and family support expenses.
– Emotional and financial freedom in retirement highlights the need for strategic money management and planning.
– Proactive financial planning ensures reserves last and aligns spending with your desired retirement lifestyle.
A fifth of survey respondents admitted to consistently overspending in retirement due to the cost of living, housing costs and travel expenses. The emotional and financial freedom of retirement emphasise the need for strategic financial planning.
You can download and read our full newsletter, “Taking Steps to Avoid a Retirement Overspend,” here: Kingsmarque-Wealth-Management Q1 Your Finance Matters