In this future, your own future, you’re no longer working any more (at least not because you have to) and you’ve begun your retirement experience. What exactly are you doing? Are you flashpacking across the world, clutching a dog-eared, well-worn passport? Are you residing in the Scottish Highlands, thoughtfully penning that book you’ve always wanted to write? Are you’re deep in the middle of a thrilling volunteering project, supporting that charity that’s always been near to your heart? Pension is much longer about sitting around in a retirement home no.
It’s about another stage in your life, and it could be so long as – and more pleasurable than – the “work” stage you will ever have. It’s a stage in life where you’ve saved up enough to create a unaggressive income, whether through a pension or other investments, and you no longer require work to live.
In retirement, you (should) have enough money coming in from your cost savings to go on, so you can choose how you spend your time and effort exactly. You might be traveling. You might be studying. You may be going after your enthusiasm. Whatever it is, you’re doing what you would like to do, because you longer need to work to finance your daily life no. But – to access enjoy this exciting modern retirement, you will need to first save enough money. So, how do you make sure you will have enough when you want to start your retirement adventure?
- Earn credit