Delivering service

We are here to help you and to safeguard your investments. Let’s talk.


Speaking to someone is easy. Visit us in person, give us a call, or send us an email.


Will I have enough to retire on when I retire?

People are living longer, healthier lives than in the past so this means if you retire at age 65, you may spend more than 25 years in retirement. That’s a long time to live on a “basic” retirement income, so now, more than ever before, it's vital that you start saving for your retirement as soon as you can. By starting to save today, you’ll be better prepared to grow your future income and enjoy more security during all those years after you stop working.

 

Your retirement income needs will depend on what your expenses are likely to be, but it is predicted that you will need between 70% and 85% of your pre-retirement income to live comfortably in retirement.

 

When thinking about how much income you will need when you retire, here are a few important details to bear in mind:

 

  • How much you have saved so far
  • How you have invested your savings
  • When you’d like to retire
  • Other income you expect to receive in retirement
  • Anticipated medical and other “unexpected’ expenses
  • How long you think you’ll live; and
  • Your spouse or partner’s situation – does he or she have a source of retirement income? Click here to use our Pension Calculator.