21st October 2021
In the early years of retirement, the focus is on adjusting to your new lifestyle and making sure that you have enough income to cover your expenditure. You might also want to travel more and try new hobbies.
In later years, your concern may turn to care costs and passing wealth on to the next generation.
Balancing these priorities, and ensuring that you can achieve your goals without running out of money, can be challenging.
So how can you preserve your wealth in retirement, and make sure that your money outlives you?