Tag: discretionary savings
Retirement planning and the consequences of early withdrawals
Finding the right balance between short-term financial needs and your retirement prospects is possible with careful consideration of the various implications and good planning. Some people don’t want to stop working, while others can hardly wait to switch to a lower gear. Either way, there’s no escaping the necessity of planning for retirement.
What to consider when choosing the right financial planner
As we journey through life – from our first jobs to marriage and children, retirement and planning your estate – it is essential to have a certified financial planner. They can guide us through every stage in life, helping us to save enough and leave a legacy for our loved ones.
Tax impact on your retirement savings
Despite the tax benefits on retirement contributions and the tax free growth, the fact that pension income benefits are ultimately taxed has led people to question whether saving in a retirement fund really is better than making your own retirement savings arrangements with after-tax earnings.
