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Retirement may seem like a long way off, even if you're in your 50s, but it is never too early to get ready for a better tomorrow. Understanding your financial health after retirement is just one of several areas you should be considering now as the current UK State Pension really isn't going to pay for much when you retire. Currently, if you're 21 or older and currently working 35 hours a week, the UK minimum salary will be at least £20,820.00.* For men born on or after 6 April 1951 and women born on or after 6 April 1953, the new full state pension is £11,502.40 a year.† How healthy will you and your finances be when you retire? #RetireOneDay is facilitated by skillful and knowledgeable professionals with a passion for people development, health and wellbeing and future planning. Find out more at 🔍 Retire One Day 📞 0330 1338 504 ⌨️ dyfrig@wwwyoudevelop.com #HR #humanresources #COO #CPO #HRD #HRDirectors #learninganddevelopment #chiefofstaff #headofhr #managingdirector #employerofchoice #employerbrand #employeebenefits #benefits #benefitspackage #offboarding #evp #employeevalueproposition #transitions #health #wellbeing #relationships #financialplanning #finances #pension #retire #retirement #retirementplanning #unitedkingdom #uk #england #wales #scotland #northernireland Dyfrig Jenkins Carla Crocombe Matt W. Source : * Money Saving Expert † The Times MoneyMentor

One of the realties of people switching jobs multiple times is that retirement plans get neglected. You may get an annual statement but often that can get buried easily. But there are some negative consequences for not getting them under control. Two big issues are the fees and allocation. Sometimes your account can be charged high fees for keeping it with the previous plan. This can quickly eat into those balances. The other item that gets overlooked or never changed are the investments they are currently in. Possibly they are even sitting in a money market account. Take the action and a few minutes to get them into your control and working in your favor. #TheLakeC21 #Realtor #ClearLakeIowa #ClearLakeIA #lake #house #economics #investments #money #investing #ClearLake #Iowa #cabin #vacation #cottage #water #summer #houses #housing #Iowa #beautiful #optimism #garyv #garyvee #vaynerchuk #warrenbuffett #retirement #ira #401k #rollover #pension #moneyworkforyou

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Retirement may seem like a long way off, even if you're in your 50s, but it is never too early to get ready for a better tomorrow. Understanding your financial health after retirement is just one of several areas you should be considering now as the current UK State Pension really isn't going to pay for much when you retire. Currently, if you're 21 or older and currently working 35 hours a week, the UK minimum salary will be at least £20,820.00.* For men born on or after 6 April 1951 and women born on or after 6 April 1953, the new full state pension is £11,502.40 a year.† How healthy will you and your finances be when you retire? #RetireOneDay is facilitated by skillful and knowledgeable professionals with a passion for people development, health and wellbeing and future planning. Find out more at 🔍 Retire One Day 📞 0330 1338 504 ⌨️ dyfrig@wwwyoudevelop.com 🔔 Click on the bell icon at the top of the page to keep in touch #HR #humanresources #COO #CPO #HRD #HRDirectors #learninganddevelopment #chiefofstaff #headofhr #managingdirector #NHS #employerofchoice #employerbrand #employeebenefits #benefits #benefitspackage #offboarding #evp #employeevalueproposition #transitions #health #wellbeing #relationships #financialplanning #finances #pension #retire #retirement #retirementplanning #unitedkingdom #uk #england #wales #scotland #northernireland Dyfrig Jenkins Carla Crocombe Matt W. Source * Money Saving Expert † The Times MoneyMentor

"Considering a job change? Don't overlook these key financial factors: 1. Salary: Assess the potential increase or decrease and how it aligns with your financial goals. 2. Benefits: Compare health insurance, retirement plans, and other perks offered by both current and prospective employers. 3. Taxes: Understand how a new salary may affect your tax bracket and any potential relocation implications. 4. Cost of living: Research the cost of living in the new location to ensure your salary meets your needs. 5. Retirement savings: Evaluate how changing jobs may impact your existing retirement accounts and long-term financial plans. Before making a move, ensure you've thoroughly assessed these considerations to make an informed decision for your financial future. #careeradvice #financialplanning #jobchange" Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

Whether you’ve got 20 years before you retire or just a few, it’s important to have an idea of just how much money you’ll need for a comfortable lifestyle once you stop earning a regular salary. https://lnkd.in/e3Jgxey #richardsonhewittfinancialplanning #retirementplanning #financialadvice

HOW TO MAINTAIN YOUR LIFE STYLE AT RETIREMENT . Have you ever wondered why most retirees are unable to maintain their life style after retirement? Even with all the real Investment and diversification ? This is as a result of incomplete finacial portfolio, life is full of uncertainties. when you refuse to protect what you have already built ,you are bound to face challenges in the future. In the first place, whether you accept it or not inflation is going to reduce the value of your pension , price of goods and services are going up everyday. how much was a litre of fuel when you started working ?compare it with today,s price. salary and Allowances will stop ,so all the bills will be paid by you. properties needs maintenance too. land dispute may arise etc So now that you still have the opportunity,why don't you protect what you have already built , simply by Investing in salary for life. so that it can replace your salary at retirement,you will earn a guaranteed regular monthly income , that will last as long as you live. You can choose escalation package , for the purpose of inflation ,so that your salary will be increasing by 5% or 10% through out your stay on Earth. For more information please call or chat 08069299956.

Some people work way too far into their careers. And it is not because of money. So, how do you know it is time to retire? Recently, I have seen instances where people have been working for too long and their quality of work really shows this. Perhaps, they wanted to retire, and could retire, but they just weren't ready. For most of you, retirement will come when you have your required years of service into the pension. That generally solves your money equation. But....what about everything else besides just the finances? What should you be thinking about? Here are some signs/check marks will tell you when you are ready. 1. Having a new purpose 2. Lack of passion 3. Getting over the fear of the unknown 4. A sense of fulfillment 5. A good social structure 6. Decline in the quality of your work If you start recognizing these signs within you, it might be time to call it a career. What else should people be looking for as their sign to hang it up?

Have you recently started a new job or are in between jobs? We can assist you by making sure your finances are on track in between your transition. We can also help with your old retirement accounts and your new employee benefits. Give us a call at 281-595-1997 to discuss how we can help you during this time. #leadalegacy #legacycapital #thewoodlands #thewoodlandstx #financialplannning #financialplan #career #employment #finances #plan #resume #employeebenefits #retirement #newbeginings

Why isn’t it my decision what I do with my salary? Why does my employer decide how and where I spend it? Why do they get to decide who my account is with? They don’t take responsibility if I don’t save enough or if I can’t cover my outgoings, so why do they get to make all the key decisions?! This sounds mad, right? Wait – did I say ‘salary’ and ‘spend’? Please replace them with ‘pension’ and ‘invest’ and you get the somehow less mad reality of how you don’t make the key decisions about your income. Because it is still your income – it just happens to determine your future, not your present. We think this is bonkers. That’s why we’re getting into pensions to change who makes decisions about your money. And as for employers, HR and Finance professionals out there, we want to partner with you to turn your most expensive and undervalued benefit into the most loved one. DM me to start a conversation. (Updated rant with correct words below) Why isn’t it my decision what I do with my pension? Why does my employer decide how and where I invest it? Why do they get to decide who my account is with? They don’t take responsibility if I don’t save enough or if I can’t cover my outgoings, so why do they get to make all the key decisions?! And thank you FT Adviser for sharing our news.