People typically retire between the ages of 60 and 65. However, thanks to better lifestyles and healthcare now available we are now expected to live for at least a further 20 years roughly.
Planning for your retirement is crucial if you want to continue to maintain your standard of living/lifestyle throughout your retirement years. People who do not have their own independent pension and whose only sole income is the State Old Age Pension can suffer a significant drop in their standard of living. There are lots of benefits to having your own personal pension plan. Some of these may be
There are many different types of pensions.
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