How much is enough when planning for retirement?

Planning for retirement is one of the most important financial decisions we’ll ever make. However, with so many variables – income needs, inflation, investment strategies and unexpected life changes – figuring out ‘how much is enough’ can feel overwhelming. In our latest retirement planning webinar Harry Plunkett, Wealth Planner and Toby Carpenter, Wealth Planning Director shared the key things to consider when retirement planning, helping you gain clarity on your financial future.

Whether you’re starting to think about retirement or reviewing an existing plan, taking action now can make all the difference. Here’s what we covered.

• Understanding your income needs – essentials vs lifestyle spendingPlanning for inflation – protecting your wealth against the eroding effect of inflation
• Managing uncertainty – balancing your knowns, unknowns and unexpected events
• Building a diverse income strategy – including pensions, ISAs and investments
• Creating a resilient retirement plan – using tools like cash flow modelling.

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You may also be interested in:

• The secrets of calculating a wealth retirement
• Is cash flow modelling right for you?
• Keep on track with your retirement goals: five key tips

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The information provided is not to be treated as specific advice. It has no regard for the specific investment objectives, financial situation or needs of any specific person or entity.

This is not a recommendation to invest or disinvest in any of the companies, themes or sectors mentioned. They are included for illustrative purposes only.

The information contained herein is based on materials and sources deemed to be reliable; however, Canaccord Genuity Wealth Management makes no representation or warranty, either express or implied, to the accuracy, completeness or reliability of this information. Canaccord is not liable for the content and accuracy of the opinions and information provided by external contributors. All stated opinions and estimates in this article are subject to change without notice and Canaccord Genuity Wealth Management is under no obligation to update the information.