How much will you need?

Expenses drop in retirement, don't they? Think again, costs don't always drop as much as you'd expect and may even rise, after all you have much more time on your hands. You may decide to travel more, join a golf club buy a boat. Of course your spending won't be constant; it may start high but as you start to slow down so should your expenses. We recommend that you should plan for 100% of you pre-retirement income.

What returns should you expect in retirement? Your Pryce Warner International Financial Consultant will help you find the best funds with regard to your attitude to risk. Proper planning as early as possible is vital. We know we can help!

Early Retirement
There are two types of Early Retirement :

Voluntary Early Retirement where the individual has chosen to take early retirement perhaps because of Intelligent Long Term Financial Planning which has allowed them the Freedom of Choice in this matter.

Forced Early Retirements where the individual is forced to accept an Early Retirement Package for perhaps many reasons, Company Re-Location to another part of the World, Downsizing of a Corporation, Changes in Trading and/or Economic Conditions the list is endless... We are seeing reports of this nature every day in Newspapers and Journals throughout the World.

In these situations, often but not always, a Financial Package is made available to the individual concerned this may take the shape of a Pension Plan which is activated at an earlier date than previously intended or a Lump Sum Settlement, or a combination of both.

Anybody who is forced into Early Retirement without a Pension and/or a Financial Package will be forced to live on the other components of their assets.

Those who receive a Lump Sum Payout will need to ensure that the monies received are Invested Intelligently to provide Retirement Income.